Alibaba likely to have sells stake in Paytm via bulk deals; stocks down 5 percent
Alibaba is likely to have sold 2 crore shares in Paytm today via bulk deals, quoting Sources, reported CNBC-Awaaz.
Today nearly 3.1% equity changed hands in Paytm at an average price of Rs 540 per share.
Soft Bank lock in of company's shares ends on January 15.