India, Feb. 9 -- Continuing last week's momentum, the Indian equities market gained this week as well. However, new-age tech stocks saw a decline, with 18 out of the 32 new-age tech stocks under Inc42's coverage falling in a range of 0.49% to a little over 17% this week.

With its shares plunging to an all-time low of INR 410 on Friday, shares of kids-focussed omnichannel retailer FirstCry lost the most in the run up to its quarterly disclosures. The company's shares recovered a bit to end at INR 417.90, still 17.01% lower week-on-week.

The major downfall in the company's shares was triggered after it informed the bourses last week that it received shareholders' approval to award its CEO and MD Supam Maheshwari 51.80 Lakh ESOPs out of th...