Paytm share price rebounds up to 6% after sharp selloff; has the stock bottomed out?
Shares of One97 Communications, the parent company of Paytm, rebounded nearly 6 per cent from the day’s low on Thursday, June 12, after an initial nosedive sparked by rumours surrounding Merchant Discount Rate (MDR) charges on UPI transactions. The stock, which fell to an intraday low of Rs 864.20, was seen trading around Rs 915–925…