New Delhi Nov 18 PTI Shares of One97 Communications Ltd Paytms parent company on Thursday made a weak market debut and tumbled over 27 per cent during the day from the issue price of Rs 2150 The stock was listed at Rs 1955 slipping 9 per cent from the issue price on the BSE It then tumbled 2725 per cent to Rs 1564 during the day On the NSE it debuted at Rs 1950 registering a decline of 930 per cent against the issue price During the day the stock plunged 2734 per cent to Rs 1562 Paytm the biggest IPO in India so far debuted the secondary market on a weaker note as compared to our expectations of a flat listing Santosh Meena Head of Research Swastika Investmart Ltd said The company commanded a market valuation of Rs 10148400 crore in late afternoon trade on the BSE Ant Group-backed Paytms Rs 18300 crore IPO was oversubscribed 189 times on the last day of Indias biggest share sale last week This was greater than miner Coal Indias Rs 15000 crore offer a decade back Paytm formally called One97 Communications debuts today at exchanges which saw a dull response and got subscribed only 189 times from the investors which is much lower compared to the other recently listed companies Parth Nyati Founder Tradingo said He added that they feel that due to the brand the company sought high valuation and it might see a correction in the near term The initial public offering of Paytms parent company One97 Communications Ltd received bids for 914 crore equity shares against the offer size of 483 crore shares according to information available with stock exchanges on November 10 Paytm had fixed its IPO in a price band of Rs 2080-2150 per share Incorporated in 2000 One97 Communications is Indias leading digital ecosystem for consumers and merchants It offers a range of services including payment services and financial services Launched by a son of a school teacher from a small town Aligarh nearly a decade ago as a platform for cellular recharging Paytm grew rapidly after ride-hailing agency Uber listed it as a fast cost possibility PTI SUM SHW SHW

New Delhi Sep 27 PTI Gold in the national capital on Monday rose marginally by Rs 35 to Rs 45110 per 10 grams following healthy global trends according to HDFC Securities In the previous trade the precious metal had settled at Rs 45075 per 10 grams Silver also jumped Rs 383 to Rs 59138 per kg from Rs 58755 per kg in the previous trade In the international market gold was trading with gains at USD 1755 per ounce and silver was flat at USD 2260 per ounce Gold prices traded higher on Monday on worries over Chinas Evergrande debt crisis according to HDFC Securities Senior Analyst Commodities Tapan Patel Navneet Damani VP Commodities Research Motilal Oswal Financial Services Gold price edged higher after hovering below the USD 1750 level in the previous week as investors avoided riskier assets because of Chinas Evergrande concerns but looming interest rate hikes and rise in yields marking the highest level since July slowed bullions advance PTI SUM SHW SHW

New Delhi Aug 31 PTI Gold in the national capital on Tuesday dipped Rs 100 to Rs 46272 per 10 gram amid rupee appreciation according to HDFC Securities In the previous trade the precious metal had closed at Rs 46372 per 10 gram Silver also dipped Rs 134 to Rs 62639 per kilogram from Rs 62773 per kilogram in the previous trade The Indian rupee appreciated 4 paise to 7325 against the US dollar in opening trade on Tuesday tracking a positive trend in domestic equities In the international market gold was trading higher at USD 1815 per ounce and silver was flat at USD 2416 per ounce PTI SUM SHW SHW

New Delhi Aug 30 PTI Gold in the national capital on Monday dipped Rs 199 to Rs 46389 per 10 gram amid a correction in global precious metal prices along with rupee appreciation according to HDFC Securities In the previous trade the precious metal had closed at Rs 46588 per 10 grams Silver also dipped Rs 250 to Rs 62063 per kilogram from Rs 62313 per kilogram in the previous trade The Indian rupee appreciated 31 paise to 7338 against the US dollar in opening trade on Monday tracking a positive trend in domestic equities In the international market gold was trading lower at USD 1814 per ounce and silver was flat at USD 2399 per ounce PTI SUM SHW SHW