New-age tech stocks suffered a heavy dent amid a crash in the broader market at the beginning of the week due to a rout in global equities markets.
๐ธ Eighteen of the 25 new-age tech stocks under Inc42โs coverage declined in a range of 0.21% to just under 8% this week.
๐ธ Recently listed travel tech startup ixigo emerged as the biggest loser this week, plummeting 7.59% to end at INR 163.20. Paytm, Nazara Technologies, Go Digit, MapmyIndia were among the other prominent losers.
๐ธ Amid all these, seven new-age tech stocks gained in a range of over 1% to just under 7%. Fino Payments Bank continued its rally this week as well to emerge as the biggest gainer. The payments bankโs shares zoomed 6.85%.