New-Age Tech Stocks Bleed Amid Broader Market Decline

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SUMMARY

Twenty four out of the 33 new-age tech stocks under Inc42’s coverage declined in a range of 0.19% to slightly under 9% this week

FirstCry emerged as the biggest loser this week. Its shares slumped 8.88% to end at INR 378.35

While Sensex lost 1.3% to end the week at 81,118.60, Nifty 50 declined 1.1% to close at 24,718.60

After last week’s rally, the Indian equity market came under pressure this week due to rising geopolitical tensions and mixed global cues. In line…



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New-Age Tech Stocks Bleed Amid Broader Market Decline


SUMMARY

Twenty four out of the 33 new-age tech stocks under Inc42’s coverage declined in a range of 0.19% to slightly under 9% this week

FirstCry emerged as the biggest loser this week. Its shares slumped 8.88% to end at INR 378.35

While Sensex lost 1.3% to end the week at 81,118.60, Nifty 50 declined 1.1% to close at 24,718.60

After last week’s rally, the Indian equity market came under pressure this week due to rising geopolitical tensions and mixed global cues. In line…



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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