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New age tech stocks swing on Q4 jitters with Unicommerce plunging after RBI fallout
Economy
Published on 3 May 2026
Paytm’s rout ignited after RBI cancelled the payments bank
New age tech stocks ended a holiday-shortened week in split form as Q4 earnings and West Asia tensions drove volatility. While 28 of 56 stocks rose, Unicommerce sank nearly 10% after muted Q4 performance, and Wakefit and Zaggle hit fresh lows. Paytm’s selloff deepened following RBI’s cancellation of Paytm Payments Bank licence, pulling total market cap down.
- ideaForge surged 18.4% ahead of Q4 FY26 results and a Japan AI tie-up
- Unicommerce shares fell 9.84% after muted Q4 profit despite revenue growth
- Paytm slumped after RBI cancelled Paytm Payments Bank licence
- Market cap for coverage fell to $129.67B amid crude and geopolitical pressure
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42