The US Federal Reserve’s rate cut sets the stage for increased FII inflows into Indian equities, driven by strong domestic fundamentals and festive demand. Despite recent selling due to high valuations, further rate cuts and supportive policies may lure investors back. Sectors like automobiles, consumer durables, and metals are expected to outperform, while gold and silver present unique investment opportunities.
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