FinanceInc42about 3 hours ago
Insurtech Sell-Off Erases $3.6 Bn From Tech Stocks
10 min read
India's new-age tech stocks lost $3.6 Bn in combined market value this week as IRDAI's proposed commission caps triggered a sell-off in insurtech firms. PB Fintech fell 33.02% and Turtlemint plunged 34.97%, while Capillary and Zelio gained. Of 65 tracked stocks, 37 declined and 28 rose.
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