Paytm shares look for direction amid Vijay Shekhar Sharma's resignation
Tue, Feb 27, 2024 12:33 PM

Paytm shares look for direction amid Vijay Shekhar Sharma's resignation

A Flip by Shubhangi Gupta
Get it on Google Play
Following Vijay Shekhar Sharma's resignation as part-time non-executive chairman and board member at Paytm Payments Bank, Paytm shares today rallied 5% in the morning only to give up all the gains quickly in volatile trading as investors try to understand whether the restructuring of the board will help placate an angry RBI.After two days of 5% upper circuits, the stock was trading just 1% higher.

More great flips

Palantir Stock Rises as It Shifts Listing To Nasdaq

Palantir Stock Rises as It Shifts Listing To Nasdaq

Palantir Technologies shares are rising in premarket trading Friday after the analytics software provider said it is shifting its listing to the Nasdaq from the NYSE. The company, a retail investor favorite, said it will transfer the listing of its Class A common shares to the Nasdaq Global Select Market, with trading set to start on Nov. 26, making it eligible for Nasdaq 100 inclusion.

Open Flip
Citadel Securities’ Inflation Head Says Tariffs No Worry for Fed

Citadel Securities’ Inflation Head Says Tariffs No Worry for Fed

Citadel Securities’ Durham Abric says the Federal Reserve’s interest-rate path probably will be uninterrupted by the incoming Trump administration’s protectionist posture. Former President Donald Trump, who imposed punitive tariffs on US imports in his first term, has made it clear he’ll do so again on taking office in January.

Open Flip
Vaccine stocks plummet after Trump names Robert F Kennedy Jr health secy

Vaccine stocks plummet after Trump names Robert F Kennedy Jr health secy

Donald Trump's appointment of vaccine skeptic Robert F Kennedy Jr as health secretary sparks concerns, causing pharma stocks to plummet, with GSK, AstraZeneca, and Sanofi shares dropping by as much as 4.4% due to Kennedy's anti-vax views and potential impact on vaccine development and public health policies.

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