Meesho, Aequs Slide In Another Mixed Week For New-Age Tech Stocks

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SUMMARY

During December 22-26, twenty three new-age tech companies gained in a range of 0.21% to close to 14% while 26 new-age tech stocks declined in a range of 0.06% to close to 12%

The cumulative market cap of 50 new-age tech companies under Inc42’s coverage stood at $142 Bn at the end of the week as against $144.5 Bn a week ago

While the broader market ended the week with modest gains, persistent FII selling continued to hold down the sentiment in Indian equities this…



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Meesho, Aequs Slide In Another Mixed Week For New-Age Tech Stocks


SUMMARY

During December 22-26, twenty three new-age tech companies gained in a range of 0.21% to close to 14% while 26 new-age tech stocks declined in a range of 0.06% to close to 12%

The cumulative market cap of 50 new-age tech companies under Inc42’s coverage stood at $142 Bn at the end of the week as against $144.5 Bn a week ago

While the broader market ended the week with modest gains, persistent FII selling continued to hold down the sentiment in Indian equities this…



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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