India, Jan. 27 -- Continuing their free fall which began at the start of this month, new-age tech stocks under Inc42's coverage ended up losing more than $3 Bn in market capitalisation in a single day of trade today.

Barring IndiaMART InterMESH, MobiKwik and CarTrade, shares of 28 new-age tech stocks ended the day with losses in a range of 0.08% to just under 9%. The biggest loser today was foodtech major Swiggy, with its shares sliding 8.66% to end today's trading session at INR 410. Its archrival Zomato also continued to witness a bearish investor sentiment, with its shares plunging 4.47% to end the day at INR 206.15.

Meanwhile, dronetech company DroneAcharya, which announced entering into a merger agreement with competitor AITMC last...