According to earlier estimates by Edelweiss Alternative and Quantitative Research, Adani Enterprises’ inclusion into Nifty may lead to inflows of $183 million into the stock. Adani Enterprises will be the second stock from Gautam Adani’s stable to be included in the Nifty50 index after Adani Ports and Special Economic Zone.
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