Indian equity markets faced their fifth consecutive week of losses due to global trade concerns and disappointing corporate earnings, with the Nifty 50 and Sensex declining. Broader indices, particularly small and mid-caps, experienced significant drops. Technical analysis suggests continued bearish pressure, with key support levels being closely watched as traders navigate the ongoing volatility, while the FMCG sector shows relative strength.
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