Shares of Paytm (listed as One 97 Communications Ltd) hit their record high for the second straight session on Friday as investors were upbeat over brokerages' positive stance post Q2 earnings and inclusion in the MSCI India Standard Index along with three other stocks. Paytm shares rose 2.29% to a fresh high of Rs 1,350.5 in the current session against the previous close of Rs 1320.55. Market cap of Paytm climbed to Rs 86,122 crore on BSE. Advertisement

The stock reached a record high of Rs 1,333.80 also on Thursday.

Total 1.10 lakh shares of the firm changed hands amounting to a turnover of Rs 14.69 crore. Paytm stock has risen 54% in six months and gained 69% in a year. The stock has a beta of 1.3, indicating high volatility in a year.

In terms of technicals, the relative strength

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