New-Age Tech Stocks Tumble This Week, Swiggy Leads Sell-Off With 24.5% Fall

New-age tech stocks lost over $11 Bn in combined market capitalisation this week, with Swiggy leading a broad sell-off amid weakness in the wider Indian equity market. Of the 67 stocks under Inc42’s coverage before this week’s listings, 63 declined between 1.03% and 24.5%. Only Yudiz, Capillary, ixigo, and Tracxn ended the week higher.