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New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious

Inc42 LogoInc422 mo ago

New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42

Quick Summary:

While the overall Indian stock market sustained modest gains despite visible volatility, India’s new-age tech stocks witnessed another muted week.

Nykaa continued to remain under pressure even two weeks after the expiration of its stock’s lock-in period.Its shares fell 8.5% during the week, ending Friday’s trade at INR 176 on the BSE.

PB Fintech, which runs insurtech startup Policybazaar and lending platform Paisabazaar, turned out to be one of the few outperformers among the new-age tech stocks this week.


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New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42 (Picture 1)New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42 (Picture 2)New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42 (Picture 3)New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42 (Picture 4)New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42 (Picture 5)New-age Tech Stocks This Week: Paytm Suffers As Fino Payments Bank, EaseMyTrip Emerge Victorious - Inc42 (Picture 6)

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Article Details

Author / Journalist: Tapanjana Rudra

Category: Startups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-27 @ 05:00:58 (2 months ago)

News Timezone: GMT +5:00

Ranking: #70 (out of 1223 stories this day)

News Source URL: inc42.com

Language: English

Article Length: 1357 words

Reading Time: 8 minutes read

Sentences: 50 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Inc42

News ID: 1967106

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About Inc42

Inc42 Logo

Main Topics: StartupsBusiness

Official Website: inc42.com

Update Frequency: 7 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #52

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