Paytm shares recover after 3% fall post RBI decision on subsidiary PPSL

Shares of Paytm made a stunning recovery after initial slump as strong buying in the fintech company lifted it from day's low. The stock opened 3% lower at Rs 444 apiece on NSE mainly on account of news of RBI putting a pause on on-boarding of online merchants by Paytm Payments Services Ltd (PPSL).