Overall Nifty earnings should stabilise going forward. So, we are of the opinion that Nifty 50 index if I look at the valuation is currently near to 10-year average level and hence I feel that we might see more consolidation at this level, but major downside is now over.
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