Independent market expert Sandip Sabharwal said the policy is more to do with public infrastructure, how the speed of movement improves and how the bureaucracy is reduced. “It will take a long time. So, I think it is more of a directional thing. It takes a 5 to 10-year kind of view and to that extent, short-term moves (in the stocks) might not sustain beyond a few days,” he 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
December 7, 2025