The highest new OI addition was seen at 18000 for Calls and 17000 for Puts in weekly and at 18000 for Calls and 16000 for Puts in monthly contracts. “It may take a while to breach the 18000 barriers again but the near-term prospects of the same will stay alive as long as 17470-17400 region holds,” Anand James – Chief Market Strategist at Geojit Financial Services, said.
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