It’s buy-the-dips time; Nifty support at 22,300

​Amid high volatility last week, indices retested the support zone at 21,825, which was closer to the previous three swing lows of February, March and April 2024, and after that, witnessed a strong rebound leading to a close above 22,500 with a gain of 2%. ​Amid high volatility last week, indices retested the support zone at…

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Kaynes’ strength in mainstays to keep its stock at a premium

Mysuru-based Kaynes Technology’s revenue grew by 75% year-on-year to ₹637 crore in the March quarter which helped the full-year revenue to grow by 60% to ₹1,804 crore. Mysuru-based Kaynes Technology’s revenue grew by 75% year-on-year to ₹637 crore in the March quarter which helped the full-year revenue to grow by 60% to ₹1,804 crore.  Economic Times

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Global bond play: With depth will come volatility, too

Vikas Jain, head of India trading, fixed-income, currencies and commodities at Bank of America, said as foreign investment in Indian bonds heads toward the 10% weight on the JP Morgan bond index next year, the process of discretionary weighting changes would start to play out, creating a more complex trading environment. Vikas Jain, head of India…

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