The budget continues the trend of fiscal prudence with a focus on reducing fiscal deficits over the next six years. While there is a short-term boost to consumer relief, there is a slight reduction in capital expenditure, impacting market sentiment towards capex stocks.
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