Indian Tech Stocks Show Mixed Performance as Market Capitalisation Holds at $167B

29 Aug 2026, 6:29 pm · 14d ago · 1 min read · Inc42

Indian new-age tech stocks witnessed a mixed trading week, maintaining a combined market capitalisation of 166.91 billion dollars across 62 tracked companies. Market sentiment remained subdued despite fresh listings, with 36 stocks closing in the red and 26 posting gains. Electric two-wheeler maker Ather Energy, Turtlemint, Paytm, and Lenskart reached fresh 52-week highs, while BSE SME-listed Klassroom surged 25.2 percent to 218 rupees. Conversely, IndiaMART InterMESH touched a 52-week low. Meanwhile, Purple Style Labs secured nearly 306 crore rupees from anchor investors, and venture firms Alpha Wave and Qualcomm Ventures pared stakes in portfolio firms.