** India's Paytm PAYT.NS sheds 2.7% to 843 rupees in heavy volume
** Ant Group to sell 4% stake in Paytm at floor price of 809.75 rupees/shr, a 6.5% discount to Mon close
** Alibaba 9988.HK affiliate Ant holds 9.85% stake in the digital payments firm
** Nearly 12 mln PAYT shares traded in first 30 mins of trading, vs the 6-month daily moving avg of 7 mln
** Stock gained 4% on Mon in broad market rally, but is down 17% YTD
** Avg rating of 16 analysts on PAYT at "buy"; median PT is 950 rupees - data compiled by LSEG
(Reporting by Kashish Tandon in Bengaluru)
((Kashish.tandon@thomsonreuters.com))
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