Shares of Paytm’s parent company, One 97 Communications, hit a record low. Paytm is losing business due to RBI ban on Paytm Payments Bank. Authorities advise users to get new RFID stickers. Retail investors are warned to stay away from the stock.
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Most of the technical and derivatives indicators point towards a consolidation this week, with markets likely to be further driven by quarterly earnings, FII flows,