New Delhi, July 16 -- Paytm share price in focus today: Shares of One 97 Communications, the parent company of Paytm, jumped nearly 3% in intraday trade on Wednesday, July 16, hitting the day's high of Rs.1,014, crossing the Rs.1,000 level for the first time in six months.

Today's rally also marked the fifth consecutive session of gains for the stock, taking its total rise to 9% so far in July. The stock was last seen around the Rs.1,000 range in early January, but failed to sustain those levels and underwent a correction that lasted for two months before regaining momentum in early March, with the stock ending the following four months in green.

The recent rally in Paytm shares has been fueled by reports of its possible inclusion in th...