India, Oct. 13 -- Fintech shares had a wild ride on Tuesday after the National Payments Corporation of India pushed back the start of a merchant fee on select UPI payments. The fee was meant to begin in the middle of this month, but the steering committee said it will now start immediately after Diwali, with the date to be notified separately. Traders had been counting on the extra income for the festive season, so the stocks dropped quickly and then recovered much of the loss.

1. Paytm (One 97 Communications) Paytm took the biggest knock because UPI merchant payments sit at the centre of its business. The stock fell more than 7% to an intraday low of Rs. 1,571 after the delay was announced. It then pulled back from the lows, as brokera...