India’s wealthiest business leaders face significant financial setbacks in 2025. They have lost $30.5 billion due to volatile markets and global economic uncertainties. Donald Trump’s tariff policies intensify trade tensions, impacting figures like Mukesh Ambani and Gautam Adani. The Indian markets experience corrections, with Sensex and Nifty falling. Foreign investors withdraw capital amid concerns about economic growth.
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