India, Sept. 28 -- New-age tech stocks bled this week as the Indian equities market broke their three-week winning streak. Barring Smartworks, BlackBuck, RateGain, DroneAcharya and Go Digit, 34 of the 39 new-age tech stocks under Inc42's coverage plunged in a range of 1.16% to over 13%.

With this, the cumulative market capitalisation of these companies declined over $5 Bn to $104.91 Bn from $110.28 Bn at the end of the last week.

Ather Energy's shares slumped after soaring to an all-time high of INR 614.75 on Monday (September 22). The stock ended the week 7.63% lower from last week, falling significantly over the last two trading sessions. On Thursday (September 25), the company announced its plans to defer the submission of claims for...