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Another Mixed Week For New-Age Tech Stocks — Paytm Spirals Downward, RateGain Top Gainer

Another Mixed Week For New-Age Tech Stocks — Paytm Spirals Downward, RateGain Top Gainer

It was a mixed week for new-age tech stocks in India, with 11 out of 19 stocks declining. Paytm once again was the biggest loser, with its market cap down 56% in a month. On a positive note, RateGain emerged as the biggest gainer, rallying sharply after announcing a partnership with HotelKey. Overall, the Indian market showed signs of recovery, with the Sensex and Nifty50 both approaching their all-time highs. Experts anticipate a pre-election rally in the market.

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Comments

Anurag Dubey

A better post woule be why and how Paytm landed at this stage followed by Jio downfall

Reply

2

9 months ago

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