New-Age Tech Stocks’ M-Cap Slumps $3.3 Bn Amid Bloodbath In Broader Market

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SUMMARY

Barring IndiaMART InterMESH, MobiKwik and CarTrade, shares of 28 new-age tech stocks ended the day with losses in a range of 0.08% to just under 9%

The biggest loser today was foodtech major Swiggy, with its shares sliding 8.66% to end today’s trading session at INR 410

Two of the three gainers today, MobiKwik and IndiaMART, also touched fresh lows today before ending the day with gains

Continuing their free fall which began at the start of this month, new-age tech stocks under Inc42’s coverage ended up losing…



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New-Age Tech Stocks’ M-Cap Slumps $3.3 Bn Amid Bloodbath In Broader Market


SUMMARY

Barring IndiaMART InterMESH, MobiKwik and CarTrade, shares of 28 new-age tech stocks ended the day with losses in a range of 0.08% to just under 9%

The biggest loser today was foodtech major Swiggy, with its shares sliding 8.66% to end today’s trading session at INR 410

Two of the three gainers today, MobiKwik and IndiaMART, also touched fresh lows today before ending the day with gains

Continuing their free fall which began at the start of this month, new-age tech stocks under Inc42’s coverage ended up losing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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