The Nifty50 index plunged by more than 1 per cent for the second consecutive day in a row, and it looks like the index officially entered a ‘sell on rise’ zone.Crucial support for the index is at 200-DMA around 17,000, then at 16,800, while 17,200-17,500 will likely act as a hurdle, suggest experts. A pullback could be on the cards as the index is trading close to oversold levels.
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
December 7, 2025