Paytm shares fall by 17 per cent on Monday, investors lose Rs 55,000 crore in two Sessions

NEW DELHI: Stock of Paytm (listed as One 97 Communications) fell sharply for the second straight session on Monday, wiping out investors wealth by as much as Rs 55,000 crore in two sessions.

Paytm shares slipped 17 per cent to Rs 1,289 (at 12.01 pm) against previous closing of Rs 1,564.15 on BSE.