India's Paytm shares pop 8% after Ambani's Jio Financial denies deal talks for wallet business
Publishing timestamp: 2024-02-06 00:36:54
Summary
Paytm, India's digital payments app, experienced a heavy selloff that caused a loss of $2.5 billion in market value over the last three sessions. However, the stock rebounded by 8% after dismissing reports of a potential acquisition by Jio Financial Services.
Sentiment: MIXED
Keywords: asia news, jio financial services ltd, one 97 communications ltd, stock markets, business news, india, south asia, asia economy,