Societe Generale acquired over 67 lakh Paytm shares worth Rs 720 crore as Antfin exited its 5.84% stake. With no Chinese ownership remaining, Paytm’s cap table realigns with regulatory norms, potentially boosting investor sentiment.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders