New-Age Tech Stocks Gain This Week, MobiKwik Surges 25% And PhysicsWallah 20%
India, Oct. 10 -- Most new-age tech stocks gained this week, as benchmark indices snapped an eight-week losing streak despite a midweek sell-off. Among the 66 stocks tracked until last week, 36 rose 0.1% to nearly 25%, while 30 fell in the range of 0.23% to 13.93%.
MobiKwik led gains, rising nearly 25% to Rs.245.40, followed by PhysicsWallah (19.68%), Fino Payments Bank (8.9%), Nykaa (5.97%), and Eternal (3.14%).
E2E Networks, Shadowfax, SEDEMAC, Zelio E-Mobility, Aequs, and Kissht touched fresh highs. IndiaMART, Fractal, Turtlemint, PB Fintech, Klassroom, and Yudiz hit fresh lows.
NSE SME-listed Yudiz led declines, falling 13.93% to Rs.20.70, followed by BSE SME-listed Zappfresh, down 9.24% at Rs.54.90.
Snapdeal parent AceVector beca...
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