As part of the transition, the firm has also changed its name from “PhonePe Private Limited” to “PhonePe Limited.” Walmart chief executive officer Doug McMillon on February 20 announced that PhonePe had begun preparations for a potential listing on Indian stock exchanges, though he did not specify a timeline.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to