Households’ median inflation perceptions for the current period increased by 90 basis points (bps- one bps is 0.01 percent)) since July 2022 to 10.2 per cent in September 2022, but remained flat compared to the expectations in the survey of the same period a year ago. It rose by 50 bps each for both three months and one year ahead since the July survey to 11 percent and 10 basis points since last September’s survey.
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