India, May 16 -- New-age tech stocks saw a bearish week as investors turned selective amid the ongoing Q4 earnings session. Forty six out of the 57 new-age tech stocks under Inc42's coverage fell in a range of 0.2% to over 22% this week.

Fintech company Pine Labs emerged as the biggest loser after the expiry of its IPO lock-in on Wednesday (May 13). After touching an all-time low of Rs.151 on Wednesday, the company's shares recovered a bit to end the week at Rs.152.7. The stock slumped 22.15% during the week.

Similar to Pine Labs, shares of Groww also plunged 8.15% this week to end at Rs.187.6 following its lock-in expiry earlier in the week. Zaggle, Awfis, Urban Company, and MobiKwik were among the other losers this week. Besides Pine ...