Tech

Zelio E-Mobility, Fino Payments Bank Rally Amid Mixed Week For New-Age Tech Stocks

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SUMMARY

Mixed market sentiment persisted across new-age tech stocks, with 29 of 47 companies ending the week in the red and the segment’s combined market cap slipping marginally to $131.27 Bn

IPO activity accelerated, as Aequs and Meesho filed their RHPs with plans to raise INR 670 Cr and INR 4,250 Cr respectively through fresh issues, with both public offerings scheduled to open on December 3 and list on December 10

Among the key corporate developments that shaped the week, included…

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