Yes, so actually this year because of associated with the expected El Nino which is almost certain because all the models are indicating a probability of around more than 95 percentage, so generally El Nino related associated with that monsoon is to be below normal, it happens.
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