Gig Worker Strike, Zepto IPO Buzz Sink Swiggy, Eternal Shares 2%

• Swiggy and Zomato-parent Eternal shares fell 2% on December 26.
• The drop followed a nationwide gig worker strike call on Dec 25 & 31 over worsening conditions.
• Workers demand fair pay, end to ultra-fast deliveries, better welfare, and grievance mechanisms.
• Quick commerce rival Zepto is expected to confidentially file its draft IPO papers today.
• Zepto, founded in 2020, aims for a stock market listing around 2026.

Why It Matters: Gig worker strike and Zepto's IPO plans negatively impacted Swiggy and Eternal's stock performance.