Following a challenging February for smallcap stocks, the first week of March showed signs of recovery with over 200 smallcap names seeing double-digit gains. Positive domestic macro news and a fall in the dollar index contributed to the market rebound, although ongoing uncertainty about US economic policies remains.
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