Stock exchanges BSE and NSE have revised the circuit limits for Paytm parent company One97 Communications following a steep price crash caused by RBI s crackdown on Paytm Payments Bank. The circuit limits have been changed to 10%, and the stock cannot fall below the lower limit or rise above the upper limit. The RBI s action against Paytm Payments Bank, which was barred from accepting fresh deposits, has had a significant impact on Paytm s operations. Jefferies and Motilal Oswal Securities have downgraded Paytm s parent shares.
In the previous week marked by heightened activity in the IPO space and increased volatility, equity indices saw marginal declines following seven consecutive weeks of gains. Foreign investors, meanwhile, maintained a net selling stance throughout the past week, divesting over Rs 6,000 crore.
After a great jump, the markets fell flat on Thursday and closed on the red. Will Friday help the market recover? , , share prices today, stock market update, morning update, daily update, bse nse, nifty, sensex, bombay stock exchange, national stock exchange
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The terrific Thursday’s magic saw the markets closing on green on Thursday. The positivity is expected to continue on Friday too which is the last trading day for the week , , stock market, stock market today, share prices today, bse sensex, nse nifty, national stock exchange, bombay stock exchange, bse nse, daily update, morning update