Shares of fintech investment platform Groww extended their losing streak on Tuesday, tumbling nearly 7% in intraday trade, as investor sentiment around new-age technology companies remained cautious amid broader market volatility and concerns over profitability timelines.
The stock opened on a weak note and quickly slipped deeper into the red as selling pressure intensified through the session. By mid-day, Groww shares were trading close to the lower end of the day’s range, reflecting a sharp drop in risk appetite for fintech counters. Market participants pointed to a mix of profit-booking, valuation worries, and sector-wide weakness as key drivers behind the decline.
