Report Wire - Paytm shares surge over 7% after falling for 2 straight periods

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Paytm shares surge over 7% after falling for 2 straight periods

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Paytm IPO, Paytm IPO share allotment

Paytm share worth: Shares of not too long ago listed One 97 Communications, the mum or dad entity of digital funds agency Paytm, climbed over 7 per cent within the morning commerce on Tuesday after declining for 2 consecutive days submit their itemizing.
The Paytm scrip rose 7.24 per cent to Rs 1,458.00 apiece on the National Stock Exchange (NSE) whereas on the BSE, it climbed 7.11 per cent to Rs 1,457.00 per share.
At 11:45 am, the inventory was buying and selling at Rs 1453.10, up 6.82 per cent from its earlier shut on the BSE whereas on NSE, it was up 6.98 per cent at Rs 1,454.45. The market capitalisation stood at Rs 94,200.65 crore, BSE knowledge confirmed.
Over 53 lakh shares have been traded on the NSE up to now within the intraday commerce whereas practically 5 lakh shares exchanged palms on the BSE, knowledge from the respective inventory exchanges confirmed.
Paytm had a tough starting within the inventory markets ever because it bought listed final Thursday. The inventory fell for 2 successive periods earlier than recovering some misplaced floor.