Devendra Pant, Chief Economist at India Ratings, discusses the shift in FMCG companies’ concerns from rural India to urban demand. Despite steady GST collections and stable unemployment rates, challenges like food inflation and consumer sentiment issues persist. The government projects GDP growth of 6.5-7% for FY25, cautiously optimistic about inflation.
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