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Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant

Economic Times Markets
Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant
Economic Times Markets

Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.

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Markets · 11 Sept 2026

Quote of the day by Dean Williams: "Expertise is great, but it has a bad side effect. It tends to create an inability to accept new ideas"

Expertise can sharpen judgment but also create resistance to new ideas. For investors, relying too heavily on established beliefs can obscure market realities. Staying curious, testing assumptions and welcoming contradictory evidence helps investors adapt, reconsider decisions and avoid costly overconfidence.

Source: Economic Times Markets

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