In January, the RBI had net purchased $1.9 billion in the spot market, the central bank’s April 2023 Bulletin showed. In February, the RBI did not sell US dollars in the currency market.
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