Paytm share price was nearly six per cent down in the open after closing in positive on Wednesday.

On the Sensex, the shares of Paytm were trading at 469.90 after hitting a day high of 524. The shares of One97 Communications Ltd, the parent company of Paytm, had soared 10 per cent.

Paytm UPI services: A QR code for the Paytm digital payment system at a store in Mumbai.(Bloomberg)

The stock jumped 10 per cent to settle at 496.75 — its upper circuit limit — on the BSE after a firm beginning. Shares of the company climbed 9.99 per cent to 496.25 on the NSE.

The stock of One97 Communications Ltd rebounded by over 3 per cent on Tuesday after three days of sharp fall.

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