The NSE Nifty gained 1.11%, or 258.90 points, to close at 23,508.40. The BSE Sensex advanced 1%, or 740.76 points, to close at 77,500.57. For the week, both indices rose 1.8% in a relief rally marked by scepticism. They are down less than a percent in January.
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