Faster rate hikes by the Reserve Bank of India (RBI) and the US Fed are likely to keep bond yields elevated in H2 2022 with growth remaining steady and borrowing costs still low.These catalysts provide tailwinds to Value sectors as they are positively correlated to rising growth and increasing yields.
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