Sunil Subramaniam, Market Expert, expects the Budget to focus on boosting consumer spending, particularly supporting those at the economic bottom. He predicts minimal tax changes, possibly increasing the lower tax threshold. Domestic institutional investors will likely view this positively, as increased consumption could drive private sector capex and overall economic growth.
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