Mutual funds reduce stake in Paytm for the first time since the IPO; retail outlets are getting bigger. What’s next for investors?

India’s domestic mutual funds cut their stake in One97 Communications Ltd., the parent of payments aggregator Paytm, in the October-December quarter. This is the first time mutual funds have reduced their stake in the company since its stock market debut in November 2021, after steadily increasing their exposure over the past three years.As per the […]