Flow post inclusion in JP Morgan global index, analysts expect investment of around $2 b per month; India likely to reach maximum weight of 10% in Index over the next 10 months
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