“The trade is undoubtedly on the long side. However, it would be quite prudent to exercise some degree of caution now. Since the FIIs’ net long is currently at an all-time high of 82%, they can begin to rise in the short. After all, mining and longs can occur. In that scenario, Nifty may potentially experience a 400–500 point drop. Additionally, Bank Nifty is also able to detect up to 1,000 significant points,” said Shilpa Rout of Prabhudas Lilladher
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
December 7, 2025