Finance
Paytm shares surge 10% as Bernstein raises target price amid UPI MDR relief
BullishFinance
Shares of One 97 Communications, the parent company of Paytm, jumped 10% in trading. The rally followed a target price upgrade from brokerage firm Bernstein and positive market sentiment after the government clarified it would not levy a merchant discount rate (MDR) on UPI transactions.
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