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Stock market experts’ advise to investors who got Paytm shares through allotment is to exit on bounce back maintaining stop loss below ₹1720 per share levels. They said that those who want to add fintech stock in their portfolio are advised to look at other option.
What price will Paytm be listed?
The stock listed at ₹1,950 per share on the NSE, a 9\% discount as compared to its IPO issue price of ₹2,150 apiece. On BSE, Paytm shares started trading at ₹1,955 per share with market capitalization above ₹1 lakh crore.
Is Paytm stock safe?
Yes, it is completely safe to invest your money in the stock market using Paytm money App. In fact, PayTm has come up with stock broking services recently and trying to establish itself in the said field.
Is Paytm money safe for stocks?
Paytm Money is a safe and reliable online discount broker offering stock, mutual funds, Derivatives, NPS, ETF, IPO, and Digital gold investments to its customers. Paytm Money is an online stockbroker with one branch. As a member of stock exchanges, the transactions of the company get inspected at regular intervals.
Is Paytm publicly traded?
Warren Buffett-Backed Paytm Stock Collapses After India’s Largest-Ever IPO. Shares in Paytm dropped 27\% Thursday in the group’s first day as a publicly traded company, after the fintech startup caught the attention of investors around the world in India’s largest-ever initial public offering.
How can I withdraw money from Paytm stock?
You can submit a request to withdraw money from your trading account through the Mobile App as well as Website. Under the “Accounts” section in App/Website, select “Manage Funds” and click “Withdraw Funds”. Enter the amount and choose the Bank Account where you want to receive the funds.
How can I invest in Paytm?
You can invest in Paytm, but you will need to buy unlisted shares from a broker and minimum amount will be 50,000Rs. These shares are not your typical type, they don’t get traded in markets and will have a lot of restrictions. these are very high-risk investments, hence as per RBI guideline, you will need to fulfill some criteria.
Is Paytm a public or a private company?
1)Paytm is a privately traded company. That means ordinary people cannot invest money because their company shares are not traded in the stock exchange of India.
What is Paytm Money app stock broking?
Their much-awaited stock trading feature is now live on Paytm Money App. So, finally this popular brand has added affordable stock broking to its bucket of services after its successful spree in the mutual fund investing world. Fully paperless Account Opening Process.
What account do I need to start trading stocks?
You need a Savings Account. This is where your money will be debited from and credited to. You will need a Demat Account. This is where the shares or stock you purchase/sell will be credited/debited. Shares are n Wrote a similar answer on a question on how to start investing/trading.