The Nifty’s near-term trend remains weak, with the lower tops and bottoms pattern intact. The current pullback aligns with a potential new lower top, pending confirmation. A decisive move above 23,300-23,350 could strengthen the upside, while 23,050 serves as key support. Nagaraj Shetti of HDFC Securities highlights these crucial levels for market direction.
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