India, Feb. 3 -- Shares of fintech major MobiKwik slumped 5.1% to INR 398 intraday on the BSE today (February 3).

The stock shed some loss afterwards to trade 3.96% lower at INR 402.80 at 12:15 PM.

At the above-mentioned time, the company's market capitalisation stood at INR 3,127.26 Cr while 2.4 Lakh shares were traded by then.

This comes days after MobiKwik launched a full-scale Central Bank Digital Currency (CBDC) wallet and e-rupee (eRs.), in collaboration with the Reserve Bank of India (RBI) and Yes Bank.

MobikWik's fintech counterparts like Paytm and PB Fintech were trading 4% above and 1.9% below on the BSE at the above time.

MobiKwik made its market debut on December 18, with the stock listing at INR 442.25 on the BSE, a 58.5...