Paytm catastrophe traps 11 lakh retail investors, 500 FIIs!
Tue, Feb 6, 2024 1:06 PM

Paytm catastrophe traps 11 lakh retail investors, 500 FIIs!

A Flip by Avya Verma
Get it on Google Play
Paytm's stock falls 42% in 3 days due to regulatory trouble and investigation reports. Retail investors, mutual funds, and FIIs are now trapped after raising their stakes in the company. Analysts advise against buying until regulatory issues settle down and business stabilizes. Within just three days, Paytm's stock has plummeted by 42%, leaving retail investors, mutual funds, and FIIs trapped.

More great flips

Five stocks to buy or sell in Muhurat trading: Analysts!

Five stocks to buy or sell in Muhurat trading: Analysts!

Following weak global market sentiments, the Indian stock market ended lower for the second straight session on Thu. Regarding shares to buy today, stock market experts Sumeet Bagadia, ED at Choice Broking, and Ganesh Dongre of Technical Research at Anand Rathi, recommended buying these 5 shares: 📌Crisil, 📌Fortis Healthcare, 📌Natco Pharma, 📌Chambal Fertilisers, and 📌Sun Pharma.

Open Flip
M&M total auto sales in October increase 20% to 96,648 units

M&M total auto sales in October increase 20% to 96,648 units

Mahindra & Mahindra reported its October auto sales on Friday, November 1. The automaker reported total sale of 96,648 units, 20% more than the previous year's 80,679 units. A CNBC-TV18 poll had estimated the auto sales of 88,000 units in October. The M&M tractor sales were pegged at 65,453 units, which were 30% more than the 50,460 units sold in October last year.

Open Flip
Apple’s AI-enhanced iPhones help tech giant’s earnings beat

Apple’s AI-enhanced iPhones help tech giant’s earnings beat

Apple’s iPhone, now laden with AI, has beaten Wall Street sales estimates and pushed the tech giant’s earnings past analyst expectations.Apple Inc’s artificial intelligence-enhanced iPhones have pushed its latest earnings past Wall Street’s expectations, but a muted outlook for this quarter dampened its share price after the bell.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon