BENGALURU -- India's capital market regulator is advocating stricter scrutiny of companies planning to list their shares, particularly those in the red, amid the drubbing of technology stocks.
The combined market capitalization of Paytm, Zomato, Nykaa, Policybazaar and CarTrade, which all listed last year, has eroded by 42%, or 1.52 trillion rupees ($20.5 billion) since their debuts.
