New Age Tech Stocks at 52-Week Lows. Here's What Lies Ahead

Bloodbath for new-age tech stocks continue. These five stocks are trading near their yearly lows.

The continuous volatility in Indian stock markets has caused new-age technology stocks to tumble.

A bunch of these new-age technology firms have lost about Rs 2.5 trillion (approximately US$20 billion) in market value since going public.

Last week, new-age tech firms took another hit as the  stock market plummeted due to an increase in Covid-19 cases.

These companies witnessed a sharp decline in their share prices bringing them close to their yearly lows.