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.
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.