January 23, 2026
Indian stock markets traded lower during the afternoon session today with both Sensex and Nifty entering negative territory. Investor sentiment remained cautious as both global developments and domestic news kept the market under pressure.
At the time of writing, the BSE Sensex was trading 697 points lower at 81,610. Meanwhile, the NSE Nifty was 223 points lower at 25,066.
Amid weak market conditions, Paytm emerged as one of the biggest losers of the day, down 10%.
What caused this sudden drop?
# Uncertainty about PIDF extension
Shares of One 97 Communication, Paytm’s parent company, fell 10% intraday today.
According to media reports, the Reserve Bank of India (RBI) may not extend the Payment Infrastructure Development Fund (PIDF) scheme.
The PIDF is an RBI initiative designed to boost digital payments in underserved areas by helping defray the cost of installing PoS machines and QR codes.
However, no official announcement has been made as to whether the scheme will be extended beyond the current term.
This was a major reason why the stock price fell sharply.
What next for Paytm?
Going forward, Paytm, through its subsidiary Paytm Cloud Technologies Limited, has expanded its global presence by establishing a wholly owned subsidiary in Luxembourg called Paytm Europe Payments SA.
The new entity was formed on January 12, 2026, with Paytm Cloud Technologies investing in 30,000 shares of 1 euro each, marking a new step in Paytm’s overseas growth strategy.
India’s digital payment system has made significant progress globally, with the IMPS and UPI systems leading the way.
UPI has revolutionized real-time payments in India and is now expanding its reach globally. Paytm has been one of the biggest beneficiaries, and this is likely to remain the case in the future.
In the financial services space, Paytm is expanding its network of lenders, launching new credit products and using AI-driven systems to improve risk assessment and collections.
The broader goal is to become an AI-first fintech, embedding automation, fraud detection and AI-powered agents to support small businesses.
How Paytm’s stock price has performed recently
Paytm shares have fallen 14% in the past five sessions.
The share price has risen 35% in the past year.
The stock touched its 52-week high of Rs 1,381.75 on December 2, 2025 and its 52-week low of Rs 652.3 on March 11, 2025.
About Paytm
Paytm is India’s leading financial services provider offering payments and financial solutions to consumers. It is a mobile internet company and a subsidiary of One97 Communications Limited.
The core activity consists of offering a comprehensive package of payment services to consumers and merchants, and distributing financial services such as credits, insurance and asset management in collaboration with financial institutions.
For more details about the company, check out Paytm’s factsheet and quarterly results.
You can also compare Paytm with its peers:
Paytm vs policy bazaar
Paytm vs Zomato
Paytm vs Nykaa
To know what is moving the Indian stock markets today, check out the latest stock market updates here.
Investors should evaluate the company’s fundamentals, corporate governance and stock valuations as key factors when conducting due diligence before making investment decisions.
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