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Groww and BlueStone surge while India’s new-age tech stocks swing on earnings and FII selling
Business
Published on 25 April 2026
One stock hit an all-time high on results—
New-age tech stocks ended a volatile week with gains for some and steep drops for others, as FIIs kept selling and West Asia tensions pressured sentiment. Groww rallied nearly 10% after a blockbuster Q4, while BlueStone logged its first full profitable fiscal year. Still, the sector’s overall market cap slipped and worst-hit names reflected AI fear and weak outlooks.
- Groww jumped about 10% after 122% YoY Q4 profit growth
- BlueStone turned profitable for FY26, aided by operating efficiency
- New-age tech stocks were mixed, with TAC Infosec among biggest losers
- FIIs sold equities worth ₹17,140 Cr as IT earnings disappointed
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This summarization was done by Beige for a story published on 
Inc42