Zomato may be ahead in the food delivery and quick commerce race, but its high valuation could give Swiggy the perfect chance to steal the spotlight and outshine with its stock performance.

Debate intensifies over whether Swiggy or Zomato offers better investment in India's booming food delivery market.

Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.

Jio Financial Services and Zomato are likely to join the Nifty 50, replacing BPCL and Eicher Motors, according to a JM Financial report. This signals a shift towards India's booming financial and digital sectors.

In case Zomato and Jio Financial do get included in the Nifty next year, Nuvama expects the exclusion of stocks like BPCL and Eicher Motors from the index. If that happens, Eicher could see outflows worth $263 million and $246 million for BPCL.

The inclusion of Zomato and Jio Financial Services in the Nifty50 would lead to fund inflows of $607 million and $372 million, respectively.