India, Feb. 16 -- Bears continued to tighten their grip on the Indian stocks market, as the country's total market capitalisation crashed below the $4 Tn mark this week. The Indian equities market has seen wealth erosion of over $1 Tn since the middle of December last year.

In line with the broader market, the market cap of the 32 new-age tech stocks under Inc42's coverage also fell by about $5 Bn this week.

From $81.20 Bn at the end of the previous week, the market cap of the 32 new-age tech stocks declined to $76.26 Bn.

Except Mamaearth parent Honasa Consumer, shares of all new-age tech stocks declined in a range of 0.06% to over 26%. Zaggle was the biggest loser this week, with its shares crashing 26.47% to end the week at INR 347.0...