Till now, a person (besides investing in listed stocks) could invest up to 10% in a foreign ‘holding’ or an unlisted investment company – often created by a group of HNI investors coming together. This investment vehicle in turn traded in financial derivatives and cryptos which are disallowed under the LRS.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of