When seen on a year-to-date basis, Nifty has gained 1.66 per cent. On the other hand, the Dow Jones is down by over 15 per cent, FTSE100 2 per cent, Shanghai index 14 per cent and Hang Seng nearly 21 per cent.
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