Recently, shares of listed companies continued to be under pressure, with the S&P BSE IPO index falling 6 per cent on the BSE in Thursday’s intra-day trade. The sharp downfall happened after market sentiment turned sour after the Russian military launched an attack on Ukraine with reports of blasts in several major cities.

The S&P BSE IPO index, the top loser among all significant indices, was down 6 per cent at 9,293.40 on the BSE in intra-day trade. In comparison, the S&P BSE Sensex was down 3 per cent at 55,448 points. In the past three months, the IPO index has tanked 31 per cent against a 5 per cent decline in the benchmark index.

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Latent View Analytics, Krsnaa Diagnostics, Nuvoco Vistas Corporation, CarTrade Tech, Windlas Biotech, RateGain Travel Technologies and PB Fintech were down 7 per cent to 11 per cent on the BSE.

Besides these, a total of 31 stocks, including Barbeque-Nation Hospitality, Macrotech Developers (Lodha), Nazara Technologies, and Go Fashion (India), hit their respective lows since their listing on the BSE.