Nilesh Shah, MD & CEO of Envision Capital, highlights the budget’s focus on consumption with tax cuts raising exemption limits. This measure is expected to boost the middle class and lower the fiscal deficit, indirectly enhancing capital expenditure by reducing the cost of capital and fostering investment.
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