Indian stock markets surged in early trading, with Sensex and Nifty extending gains for a second day. A stronger rupee, falling bond yields, and positive investor sentiment fueled the rally. Broader markets and most sectoral indices also saw significant upticks, indicating a ‘buy on dips’ trend.
Paytm block deal: SAIF Partners, others likely to sell stake
Paytm’s existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set