New Delhi, March 4 -- Indian new-age tech stocks, known for their premium valuations, have become less appealing to investors as risk-off sentiment grows amid global uncertainty following Donald Trump's tariff announcement, which could potentially trigger a new trade war.

The entire domestic market has been under severe stress in recent months, weakening further in February, sending stocks to multi-month lows and eroding significant market value, with new-age tech being no exception.

Notably, the crash has also pushed several stocks, including Swiggy, OLA, Honasa Consumer, Unicommerce eSolutions, and Brainbees Solutions (FirstCry), below their IPO prices.

The once high-flying Zomato stock, which maintained a one-way rally between March...