New-age stocks have plunged over 50% in 2025 as investors reassess valuations and earnings. Companies like Mobikwik, Swiggy, and Ola Electric have fallen significantly, with several trading below IPO prices amid market downturns. Fundamental expert Kranthi Bathini, Director-Equity Strategy at WealthMills Securities said that stock prices are slaves to earnings all these new-age companies are trading at premiums.
FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months