Whalesbook
Four prominent new-age technology IPOs, including PhysicsWallah and Billionbrains Garage Ventures (Groww), experienced significant selling pressure on Thursday, falling by as much as 8%. This decline occurred even as the broader Indian stock market indices like the BSE Sensex and NSE Nifty closed higher. Analysts attribute the weakness to profit booking and a more selective investor approach towards tech valuations amidst global economic uncertainties.