Personal Finance15mo
by PerkyNoodleGrowth Marketer
Paytm stock
How much more do you think Paytm will fall further? It has already crashed by 150+, blood everywhere!
SleepyPickle
Paytm stock stuck on lower circuit
As expected paytm stock got stuck on lower circuit (maximum downward move allowed in a day). Insanely large selling volumes with zero buy orders.
15mo ago
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PrancingCoconut
Amazon15mo
-20% in a single day is insane
SleepyPickle
Stealth15mo
It's actually locked in lower circuit. That means trading stopped for cooling down a bit (applicable for all stocks) . Tomorrow the blood bath will continue.
PrancingCoconut
Amazon15mo
Yeah I know. Also, exchanges can adjust the lower circuit to be further down during the day if needed
FluffyJellybean
Stealth15mo
3.8Cr at 609 - That's more than 5% of all shares
SleepyPickle
Stealth15mo
Basically it ate up all buy orders and will continue to eat up any future buy orders at that price. Going to be interesting next one week for paytm. Their best bet would be to be bought by a bigger player.
PrancingDonut
Arm15mo
Is paytm going to be India’s Bear Stearns?
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Curated from across
Indian Startups15mo
by SillyDonutTCS
Personal Finance14mo
by BubblyBurritoRazorpay
Why is PayTM hitting the 5% upper circuit for the last three days?
Has there been any good news about the company or is it just the operator playing their game with gullible retail investors?
Top comments
Tie up with Axis Bank is one of the factors
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