Despite a falling Sensex, twelve BSE 500 stocks delivered consistent gains across five sessions, led by Onesource Specialty Pharma and Welspun Corp, showing resilience amid broader market weakness and declines.
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
The RBI has cancelled Paytm Payments Bank’s license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative