India, Sept. 7 -- New-age tech stocks surged this week on the back of a rally in the broader Indian equities market. Eleven out of the 36 new-age tech stocks under Inc42's coverage touched fresh highs this week, resulting in an increase of about $5 Bn in the cumulative market cap of these companies to $107.09 Bn at the end of the week.

While BlueStone, Ather Energy, ixigo, Smartworks, Eternal, IndiQube, Yatra touched fresh all-time highs during the week, Delhivery, Paytm, Nykaa and CarTrade soared to new 52-week highs.

Overall, 27 new-age tech stocks gained this week, rising 0.12% to about 33%. Coming fresh off an all-time low on August 29, fintech company MobiKwik emerged as the biggest gainer. Its shares zoomed 32.97% to end the week ...