New-Age Tech Stocks Bleed This Week, Ola Electric & DroneAcharya Top Losers

Thirty five out of the 47 new-age tech companies under Inc42’s coverage fell in a range of 0.22% to close to 30%

M-cap of the 47 new-age tech companies stood at $128.67 Bn at the end of the week as against $131.27 Bn a week ago

Shares of nine companies – DroneAcharya, Ola Electric, Tracxn, Awfis, ArisInfra, FirstCry, Urban Company, WeWork India and EaseMyTrip – hit fresh lows this week

With consistent FII outflows and a declining rupee, the Indian equities market…