New-age tech stocks added about $8 Bn in market cap this week, with the combined value of 69 companies Inc42 covers rising 4.5% to $177 Bn from $169.3 Bn. Fifty five stocks gained, led by E2E Networks at 15.2%, Turtlemint at 14.7% and PB Fintech at 14.2%. The insurtech rally followed reports that IRDAI may modify its draft distribution paper. Seven stocks hit fresh highs, while Yudiz fell the most.
