Picks of the Day: Paytm block deal in focus, IndusInd Bank’s new CEO ; Anil Singhvi’s top calls


Zee Business Managing Editor Anil Singhvi has picked two stocks for investors to keep an eye on today: Paytm and IndusInd Bank, both driven by big developments that could impact short-term and long-term performance.

Paytm: Antfin’s Big Exit Could Open the Door for Fresh Investors

Paytm shares may be in the spotlight after a major block deal is expected. Public shareholder Antfin (Netherlands) is set to sell its entire 5.84% stake in the company at Rs 1,020 per share — around 5.4 per cent lower than Monday’s closing price. The total deal value is estimated at around Rs 3,800 crore.

Market guru Anil Singhvi believes this clean exit is a positive trigger for the stock. With Antfin out, the ownership overhang clears up — potentially inviting more long-term buyers into the stock.

Trading View:

Buy near: Rs 1,020

Support zones: Rs 1,020 and Rs 1,040

Target: Rs 1,110

IndusInd Bank Futures: New CEO Appointment Boosts Sentiment

IndusInd Bank also makes it to Singhvi’s radar. The bank recently named Rajiv Anand as its new Managing Director and CEO for a three-year term starting August 25. He was earlier the Deputy MD at Axis Bank and brings with him a wealth of experience.

Singhvi sees this as a confidence booster for the bank’s future direction and believes it could drive near-term gains.

Futures Strategy:

Buy around: Rs 795

Targets: Rs 817, Rs 827, Rs 835

Stop-loss: Rs 795



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