Paytm sheds 42% in 3 days: Will the stock slide more as regulatory woes linger?
Confederation of All India Traders (CAIT) has issued an advisory urging brick-and-mortar businesses to shift from Paytm to alternative payment applications
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Confederation of All India Traders (CAIT) has issued an advisory urging brick-and-mortar businesses to shift from Paytm to alternative payment applications
Paytm stock opened at Rs 609 losing Rs 152 per share with 20 per cent lower circuit on the National Stock Exchange , , stock market, nifty, sensex, national stock exchange, paytm, stock prices, lower circuit, retail investors, Intraday
In the last month, the stock has gained close to 18 percent and also hit a 52-week high of Rs 44 last week.
The panic-induced selling in markets is cleansing excessive valuations, particularly in the mid and small-cap sectors. Some fund managers believe this is a good time to deploy cash they have been sitting on
For the third straight trading session, most of the group firms declined, with Adani Total Gas tumbling 20 per cent.