VERIFIEDET Markets·8 Oct 2026negative

Paytm shares crash 10%, wipe off Rs 10,970 crore m-cap. More pain ahead?

AI Summary

·Paytm shares declined by 10% on Wednesday, resulting in a market capitalization loss of Rs 10,970 crore.
·The decline was reportedly linked to news concerning a potential delay in the UPI MDR rollout.
·Analysts identified immediate support for the stock at Rs 1,560-1,550, with a break below potentially leading to further selling pressure.