Combination of factors, I feel.
Rs 87,000-crore worth shares of new-age companies Nykaa, Policybazaar, Paytm and Delhivery due for lock-in expiry in November.
- Moneycontrol
This could be the leading cause.
Looking at the decimation, I am praying that nothing has gone wrong fundamentally. I am relieved to see the whole bunch of newly listed co fall.
Results are due soon.
General consumer sentiment is phenom. I am expecting a big growth in GMV.
In heart of heart, I am wishing this stock remains down and out for long, so that I can SIP enough.
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