New-Age Tech Stocks Surge As Market Gains Momentum; TAC Infosec Leads The Week
After experiencing a significant downturn in recent months, the Indian public market regained its momentum during the last week of 2024 and sustained this growth into the first week of 2025. Notably, new-age technology companies played a pivotal role in driving this upward trend.
New Age Technology Stock Status
According to a recent report, 20 out of 31 new-age technology stocks posted gains ranging from 0.12% to 10% during the week. This resurgence reflects increasing investor confidence in tech-driven sectors, underlining their importance in shaping market dynamics.
A standout performer in this category is TAC Infosec, a cybersecurity firm listed on the NSE SME platform. Continuing its stellar performance from previous weeks, TAC Infosec shares reached an all-time high of ₹1,410.55 this week, marking a 10.40% increase compared to last Friday's closing price. This significant growth highlights the rising demand for cybersecurity solutions amidst the evolving digital landscape.
Positive Sentiment Among Investors
The market’s recovery signals positive sentiment among investors, with technology sectors emerging as key drivers of growth. Analysts predict that this momentum could persist in the coming weeks, fueled by optimism surrounding tech innovations and their impact on the Indian economy.
The performance of TAC Infosec and other tech companies underscores the critical role of cutting-edge technologies in driving market resilience. As 2025 unfolds, these sectors are expected to attract continued interest, providing a promising outlook for investors and stakeholders alike. IdeaForge second biggest gainer of this week. Its shares rose 9.86% to Rs 647.25 in Friday's trade.
Indian Public Market Regained Its Momentum
After experiencing a sharp decline in the recent months, the Indian public market has regained its momentum during the last week of 2024. This growth has been maintained till the first week of 2025. Notably, companies have played a key role in driving this upward trend and this is great news from the market side for readers.