A previously rumored block deal in Swiggy has been called off amid market weakness; stock showing technical weakness near support

Wed 7 Oct 2026

Support zone

230 to 235

Heard on business television between 08:55:10 - 08:58:10 IST.

• Earlier buzz of a potential block deal in Swiggy; dealing rooms now indicate the deal has been called off, linked to market weakness, per Sumit Sarkar.
• Chart analyst Kush said Swiggy continues to underperform, facing resistance multiple times, currently at medium-term support zone of 230-235.
• He said if that support is broken, the recent recovery could fizzle.

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