Union Budget 2026: Paytm shares surge 9%. Here’s what’s driving the rally

February 1, 2026

Paytm shares jumped sharply after Budget 2026 announced a significantly higher incentive allocation for UPI and RuPay, boosting sentiment around digital payments. Strong volumes accompanied the rally as investors cheered policy support, while improved profitability and steady revenue growth further strengthened confidence in the fintech company’s outlook.

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The Reserve Bank of India’s recent monetary policy announcement offered clarity amidst global uncertainties, with former Deputy Governor R. Gandhi highlighting the MPC’s expected assessment

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