India, March 23 -- Buoyed by the waning selling spree of foreign institutional investors (FIIs) and a strengthening Indian currency against the dollar, new-age tech stocks added $6.4 Bn to their cumulative market capitalisation this week.

In the third week of March (between March 17 and March 21), as many as 27 of the 32 new-age tech companies under Inc42's purview gained in a range of 0.98% to just under 21%.

The week's top gainer PB Fintech, which had shed over 30% since the start of the year, rose 20.65% to close the week at INR 1,602 on Friday.

The bull run for the fintech company came at the behest of a positive brokerage report from Kotak Institutional Equities on March 18. The brokerage has upgraded PB Fintech to 'Add' from the ...