Markets have indeed been very volatile in the past couple of months. Firstly, corporate earnings performance has come below expectations for most sectors with single-digit PAT growth for the Nifty and BSE500 leading to downward revision in earnings estimates.
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