Shares of fintech firm Paytm tanked 20% after the Reserve Bank of India restricted Paytm Payments Bank from fresh deposits and credit transactions across its services due to supervisory concerns. File photo
| Photo Credit: The Hindu

Indian shares were muted on Thursday, February 1, 2024, as investors awaited the interim Union budget, while Paytm shares tanked after the Reserve Bank restricted its unit from accepting fresh deposits and credit transactions.

The NSE Nifty 50 index was mostly unchanged at 21,737, as of 9:16 a.m IST, and the S&P BSE Sensex was up 0.1% to 71,817.

Interim Budget 2024 Live Updates

Finance Minister Nirmala Sitharaman will announce the budget for the financial year 2024/25, which starts on April 1, at 11 a.m IST.

Shares of fintech firm Paytm tanked 20% after the Reserve Bank of India restricted Paytm Payments Bank from fresh deposits and credit transactions across its services due to supervisory concerns.