Stock market opened on a positive note with Bombay Stock Exchange (BSE) benchmark Sensex jumping by 373.12 points to open at 72,559.21 in early trade. The National Stock Exchange index Nifty climbed 123.9 points to 22,053.30.
Online payments platform Paytm’s parent company One97 Communication’s stock was up by five per cent in opening trade, this amid impending crisis faced by the fintech firm in wake of the Reserve Bank of India curbs on its payments subsidiary.
On Tuesday, Sharma met both the finance minister and RBI officials to discuss the challenges faced by the company in wake of the RBI asking its subsidiary Paytm Payments Bank not to accept deposits from February 29.
This is a developing story. Please stay tuned for updates.
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