Whether the additional resources that the government enjoys are directed more towards immediate consumption boosting that will give an immediate boost to growth or if they will continue with support to their investment-driven programmes, needs to be seen. The government can choose to go for a mix of both, says Siddhartha Sanyal
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