17
Jul
Shares of One97 Communications, the parent company of payment service provider Paytm, rose for the fifth consecutive session on Wednesday, July 16. According to BSE data, Paytm shares have gained nearly 12% in the last five trading sessions and are trading above its important psychological level of ₹1,000 for the first time this year. In intraday deals on Wednesday, Paytm shares rose as much as 2.5% to hit an intraday high of ₹1,013.75. Buying interest in Paytm shares increased after reports that the stock would be upgraded to the MSCI Standard Index. According to brokerage firm Motilal Oswal, Paytm is…
