“We have seen longs being added to the Nifty index, and there was a spike in the last hour, showing that there is momentum on the long side of the index, which was rolled over from August to September,” said Chandan Taparia, head of technicals and derivatives at Motilal Oswal Financial Services. “Shorts were also covered before this expiry as the market came out of the consolidation phase.”
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