Shares of Paytm, rose marginally today after falling sharply for two consecutive days.
The shares rise today after suffering 40% loss post-IPO listing.
Paytm shares today displayed a significant upside flip in early morning dealings after plummeting by about 40% in comparison to their upper price band of 2150.
According to stock market analysts, those who own Paytm shares should maintain them in their portfolios for the long haul.
Paytm's share price today opened with a 0.40 per share upside gap and went on to hit an intraday high of 1,454.30, up roughly 7% from its Monday close price on NSE.
Ravi Singhal, Vice Chairman at GCL Securities said "Those who have Paytm shares are advised to take this bounce back as an opportunity to exit and enter at around ₹1000 to ₹1100 per share levels
"One should buy Paytm shares only when it is available in the range of 1000 to 1100," Ravi Singhal of GCL Securities said of new buyers "If it is not available at that range look for other options"