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Swiggy Emerges Biggest Winner In A Mixed Week For New-Age Tech Stocks, FirstCry Slumps

Inc42 · 2m ago

Medial

In a volatile week for India's equity market, Swiggy emerged as a standout among new-age tech stocks, which mostly declined, with 20 companies experiencing drops between 0.51% and over 10%. However, 13 companies, including Swiggy, demonstrated gains of 0.11% to over 10%. Despite the varied performances, the market cap of these firms increased from $87.32 billion to $88.16 billion by the week's end, driven by positive market sentiment and economic factors.