PAYTM share price was marginally down at the time of publication of this report while overall markets were trading bullish after BJP's win in Maharashtra elections.
Indian markets witnessed a strong rally on Friday. Markets were facing selling pressure for the last few trading sessions and Friday's rally has offered relief to investors.
Indian markets were trading lower as PSU banks and Adani Group stocks were dragging the markets down. Among gainers were PAYTM, Indus Towers, Grasim, Tata Steel, Hindalco and Suzlon Energy.