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via inc42.comMarkets

New-age tech stocks tumble this week, Swiggy leads sell-off with 24.5% fall

FROM THE WIRE · INC42.COM

Sixty-three of the 67 new-age tech stocks under Inc42’s coverage declined this week, led by Swiggy’s 24.5% fall.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA broad weekly decline across Indian new-age tech stocks is relevant for that sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 0163 of the 67 new-age tech stocks covered by Inc42 declined this week.
  2. 02Swiggy led the sell-off with a 24.5% fall.
  3. 03The data refers to Inc42's coverage universe and cites no specific index.

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