With Tuesday's intra-day fall of 9 per cent, Paytm's market capitalisation dropped to Rs 40,863 crore, down at the 112th position on the BSE.
Shares of Indian Oil Corp will be on radar as the company has bought 3 million barrels of Russian Urals from trader Vitol for May delivery.
Paytm has clarified stating the RBI ban does not impact on the services provided in partnership with other financial institutions.
The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors
Nifty Next 50 index is a gauge for the performance of top 50 stocks other than those part of the benchmark Nifty 50 index. Stocks in both indices make up the Nifty 100 index
In the past three months, the IPO index has tanked 31 per cent as against 5 per cent decline in the S&P BSE Sensex
Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup
Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.
The payment feature will be available in multiple Indian languages including Bengali, Gujarati, Hindi, Kannada, Marathi, Tamil
Paytm has dropped 40 per cent on a YTD basis, and Zomato seems to be revisiting its IPO issue price amid market sell-off
The S&P BSE IPO index slipped 3.4% in intra-day trade, and has corrected 23% from its record high level
While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter
Castrol, Indian Bank, Nalco, PolicyBazaar, Tarsons Products, Tube Investments of India, TVS Motor and Union Bank of India are some of the prominent companies to announce result today.
The number of loans through the fintech platform grew to 4.4 million in Q3 of FY22, representing a growth of 401 per cent year on year - whereas value of loans rose 366 per cent to Rs 2,181 crore
The plunge in shares amid a global equity selloff has cast a shadow over the prospects for technology firms preparing to go public in the Indian market.
Fear of withdrawal of easy money and lack of profits will likely weigh on these counters in the near-term
Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.
In the past three weeks, the stock price of Paytm has slipped 26 per cent, whereas it has declined 54 per cent against the issue price of Rs 2,150.
The company stood at 77th position in the overall market cap ranking, the BSE data showed.
Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply