India, Jan. 26 -- The downward spiral in the Indian equities market continued this week as well, which resulted in new-age tech stocks continuing to remain under pressure.

Twenty five of the 31 new-age tech stocks under Inc42's coverage fell in a range of 1.05% to a little under 16% this week.

The overall market capitalisation of the 31 new-age tech stocks plunged to $81.98 Bn this week from $87.98 Bn at the end of last week.

MobiKwik emerged as the biggest loser for the second consecutive week, with its shares bleeding 15.59% to end the week at INR 397.80. The company's share price touched an all-time low of INR 395 during the intraday trading on Friday (January 24). The stock got listed in December at INR 442.25 on the BSE, a 58.5% p...