The Indian stock market witnessed record listings in 2021 making it a historic year for the initial public offering (IPO) market but a majority of debutants from the technology space have seen shares falling as low as 58 percent from their issue price. The kinds of Zomato, Nykaa, PB Fintech, Paytm continued to slide. What is hurting these new stocks?

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Watch the accompanying video of CNBC-TV18’s Mangalam Maloo explaining his analysis on how these D-Street entrants have fared since their IPO as well as listing day.