Now, with the current inflation data, there are very few people who are thinking that there could be a rate hike because of the language spoken in the last policy. They have also given up the rate hike situation. As far as rate cut is concerned, right now of course the easiest path is to follow what US is doing.
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