
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.

17mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑+322 new users this month

PrancingCoconut
Amazon17mo
-20% in a single day is insane

SleepyPickle
Stealth17mo
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
Amazon17mo
Yeah I know. Also, exchanges can adjust the lower circuit to be further down during the day if needed

FluffyJellybean
Stealth17mo
3.8Cr at 609 - That's more than 5% of all shares

SleepyPickle
Stealth17mo
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
Arm17mo
Is paytm going to be India’s Bear Stearns?
Discover more
Curated from across