MobiKwik and PhysicsWallah Lead Indian New-Age Tech Stock Gains

10 Oct 2026, 8:17 pm · 2h ago · 1 min read · Inc42New

Indian new-age tech stocks rebounded this week as benchmark indices broke an eight-week losing streak. Among 66 tracked equities, 36 posted weekly gains. MobiKwik led the rally with a 25% surge to ₹245.40, while edtech unicorn PhysicsWallah rose 19.68%, Fino Payments Bank gained 8.9%, and Nykaa climbed nearly 6%. Snapdeal parent AceVector debuted on the BSE at ₹28.30 before closing the week at ₹30.61. The combined market capitalization of 67 listed Indian tech companies reached $154.71 billion, bolstered by positive quarterly guidance from consumer brands Nykaa and Honasa.