New-Age Tech Stocks Continue Rally; E2E Network, Turtlemint Lead Gains
India, Nov. 14 -- New-age tech stocks extended their rally this week, gaining about $8 Bn in cumulative market cap this week. Fifty five of the 69 new-age tech stocks gained in a range of 0.07% to close to 16% during the week, while the remaining 14 stocks fell up to over 8%.
E2E Networks gained the highest this week, gaining 15.2% to end the week at Rs.560.3. Following the AI cloud provider, shares of insurtech companies -Turtlemint (up 14.7%) and PB Fintech (up 14.2%) - led gainers this week. The rally for the stocks came after reports flagged that IRDAI may be considering certain modifications to the draft distribution paper.
In the list of gainers, seven stocks - Meesho, Paytm, Honasa, Ather, Rentomojo, Groww, Nykaa, Nazara and Eter...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.