The $3 Bn Bull Run, PhonePe Outage & More

What Explains Monday’s Bull Run?

News of a ceasefire between India and Pakistan and a measure of dilution in the US-China tariff standoff likely contributed to an early week rally for new-age tech stocks on Monday. 31 of the 33 stocks ended Monday’s trade in the green, cumulatively gaining over $3 Bn in M-Cap. 

TAC Infosec showed the biggest gains, and while the likes of Swiggy, MapmyIndia, Zaggle and Ather Energy also climbed just after releasing their Q4 financials.

The coast is not yet…