Indian markets extended losses for a second day, led by weakness in FMCG and auto stocks. The Sensex and Nifty fell by 0.25% and 0.24% respectively. Despite the decline, bullish momentum remains in the Nifty, although it’s nearing overbought territory. The index is consolidating near resistance and may see range-bound movement in the near term.
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