The October 2023 concentrated All-Season Portfolio consists of stocks viz. Nestle India, Cipla, Bajaj Auto, Tata Consultancy Services (TCS) and Infosys. Apart from ITC, NTPC also made an exit from its portfolio and replaced it with Cipla.
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