This was closer to 2024’s lows of 12.7% on June 4, which was seen at the start of June 2024 during the once-in-five-year mega event of the Lok Sabha election results, said Rajesh Palviya, head of technical and derivatives research at Axis Securities.
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