{"id":114353,"date":"2026-03-07T10:04:43","date_gmt":"2026-03-07T13:04:43","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/897824147"},"modified":"2026-03-07T10:04:43","modified_gmt":"2026-03-07T13:04:43","slug":"easemytrip-worst-hit-by-bloodbath-for-new-age-tech-stocks","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/07\/easemytrip-worst-hit-by-bloodbath-for-new-age-tech-stocks\/","title":{"rendered":"EaseMyTrip Worst Hit By Bloodbath For New-Age Tech Stocks"},"content":{"rendered":"
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SUMMARY<\/span> <\/p>\n

Shares of 43 of the 54 new-age tech companies fell in a range of 0.09% to over 13% between March 2 and 6<\/p>\n

13 new-age tech companies saw their shares plummet to fresh lows this week <\/p>\n

Markets ended the week registering steep losses amid escalating clashes between the USA, Israel and Iran across the Gulf and the Middle East. Both Sensex and Nifty 50 declined by 2.9% to end the week at 78,918.90 and 24,450.45, respectively<\/p>\n<\/p><\/div>\n

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Shares of new-age tech companies remained under selling pressure this week as broader macroeconomic conditions continued to take their toll on the Indian equities markets.<\/span><\/p>\n

Of the 54 new-age tech companies under Inc42\u2019s purview, only 11 companies saw their shares register gains in a range of 0.06% to close to 17%. Meanwhile, shares of 43 new-age tech companies fell in a range of 0.09% to over 13%. <\/span><\/p>\n

<\/p>\n

Shares of EaseMyTrip plunged the hardest amid the sell-off in Indian new-age tech companies, falling 13.23% from last Friday\u2019s close to end March 6 trading session at \u20b97.48. <\/span><\/p>\n

Pertinent to mention that 13 new-age tech companies saw their shares plummet to fresh lows this week. The companies that touched fresh lows this week included WeWork India, Awfis, Smartworks, IndiQube, Pine Labs, MobiKwik, Fino, Ola Electric, PhysicsWallah, Veefin, MapmyIndia, Urban Company, Zaggle, Swiggy, Capillary and DroneAcharya.<\/span><\/p>\n

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With the persistent bearish momentum, new-age tech stocks bled $7 Bn this week in cumulative market capitalisation to end the week at $120.3 Mn.<\/span><\/p>\n<\/blockquote>\n

<\/p>\n

Now, let\u2019s take a look at some of the most pertinent development from listed startups this week:<\/span><\/p>\n