New-Age Tech Stocks Soar on Market Momentum

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SUMMARY

While BlueStone, Ather Energy, ixigo, Smartworks, Eternal, IndiQube, Yatra touched fresh all-time highs during the week, Delhivery, Paytm, Nykaa and CarTrade soared to new 52-week highs

Overall, twenty seven of the 37 new-age tech stocks gained this week, rising 0.12% to about 33%

The cumulative market cap of new-age tech companies zoomed $5 Bn from last week to $107.09 Bn

New-age tech stocks surged this week on the back of a rally in the broader Indian equities…



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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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New-Age Tech Stocks Soar on Market Momentum


SUMMARY

While BlueStone, Ather Energy, ixigo, Smartworks, Eternal, IndiQube, Yatra touched fresh all-time highs during the week, Delhivery, Paytm, Nykaa and CarTrade soared to new 52-week highs

Overall, twenty seven of the 37 new-age tech stocks gained this week, rising 0.12% to about 33%

The cumulative market cap of new-age tech companies zoomed $5 Bn from last week to $107.09 Bn

New-age tech stocks surged this week on the back of a rally in the broader Indian equities…



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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