Though we have been all waiting for corrections, the kind of market rally that we have seen has been tremendous. At least this year if you see right from April till now only, we have got such a good return in most of the investors’ portfolios.
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