“What is discouraging and even scary is that 80% of the world equity markets are still in the bear market that started in October 21 and now we are near October 22 and so it has been one full year and the markets have been making a series of lower tops and lower bottoms but in that context, in India we are clearly better off and we have not done so badly. “
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