Paytm shares jump 11% this week, biggest weekly gain in 4 months; what’s driving rally?

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Paytm’s parent, One97 Communications, saw an 11% gain this week, attributed to positive investor sentiment after favourable developments. Bernstein raised its target price to ₹2,200, while JM Financial lifted it to ₹1,950, highlighting potential earnings growth from UPI monetisation. One97 Communications, the parent company of Paytm, gained 11% this week, reaching 1,603, marking its biggest…

Sebi warns investors against trading unlisted stocks on unauthorised sites

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The market regulator said investors using unregistered platforms for transactions in unlisted securities would not have access to regulatory safeguards or dispute-resolution mechanisms   The Securities and Exchange Board of India (Sebi) on Wednesday issued a fresh warning to investors regarding transactions in unlisted securities of public limited companies conducted through unauthorised electronic platforms and…