While analysts are not ruling out a brief rebound as stocks may be oversold after the seven-day losing run – the longest selling spree since mid-June, sentiment remains negative with the Nifty closing below key long-term trend indicators.
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