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

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…