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Shares are likely to be offered at a floor price of Rs 809.7 apiece a 6.4% discount to Paytms closing price of Rs 866 on Monday. Paytm shares gained 4% during Mondays trade on BSE ahead of the anticipated transaction.
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News and Media
The Nifty Pharma Index ended 0.2% higher Monday after tumbling almost 2.4% earlier in the day in response to Trump's remarks. The Sensex and Nifty jumped nearly 4%-posting their biggest single-day gains in four years. Of the 20 stocks in Nifty Pharma, 13 gained and seven declined.
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News and Media
The Nifty Metal index jumped 5.9% - its best single-day performance in three years. Hindustan Copper soared 10%, emerging as the top gainer of the day. Steel Authority of India Limited (SAIL), National Aluminium Company (Nalco), Tata Steel and JSW Steel, which gained 5-8% each.
Category:
News and Media
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