Indian markets ended lower on Friday due to profit booking in financial and IT stocks. Despite the dip, midcaps, smallcaps, and rate-sensitive sectors stayed strong. Optimism remains on easing global tensions and rate cut hopes. US and European markets extended gains, while key Indian stocks saw high activity and buying interest.
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