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“New-Age Tech Stocks Tumble Amid Market Slump: Delhivery Leads Losses”

22 December, 20242 min read

This week, global stock markets experienced a significant shift in sentiment following the U.S. Federal Reserve’s update about a 25-basis-point interest rate cut. However, the Fed hinted at a slower pace of rate cuts in 2025, which dampened investor optimism. This cautious outlook reverberated across international markets, influencing investor behavior and creating uncertainty.

Indian Market 

Indian markets felt the brunt of this global sentiment shift, with a noticeable impact on investor confidence. Out of the 30 new-age tech stocks, 18 closed the week in the red. These stocks saw a decline ranging from 0.05% to over 10% compared to the previous week. This downturn highlights a bearish trend in the Indian stock market, particularly within the technology sector.

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Among the affected companies, logistics firm Delhivery emerged as the weakest performer of the week. Its stock witnessed the sharpest decline, reflecting the broader challenges faced by the sector amidst global market uncertainties.

Indian Investors 

The Federal Reserve’s cautious stance on future rate cuts has created a ripple effect, affecting not only global markets but also Indian investors’ confidence. Analysts suggest that this trend might persist unless there is more clarity on the Fed’s future monetary policies.

Overall, this week underscores the interconnectedness of global markets and the significant influence of U.S. monetary policy on emerging economies like India. Investors are advised to stay vigilant and adopt a cautious approach in the current volatile environment. Unicommerce companies have seen the lowest closing of this week. The company touched a new all-time low of Rs 164.90 on Friday.

Author Opinion 

Big news related to the global stock market this week. Status of what is going to happen to the investors in the year 2025. This week Unicommerce company has seen the lowest low in the market and this is big news for the whole company and for the market also.


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