The market was also cautious in the run-up to the December US consumer inflation data scheduled on January 11, after the country’s jobs data for the month turned out to be stronger than expected. These economic readings could be some of the key factors determining the US Federal Reserve’s upcoming monetary policy actions.
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