From NDTV
Center-Right Owned by Adani Group (AMG Media)Kaynes Tech To Swiggy: Top 10 Stocks That Slumped Over 50% During Samvat 2082
What's behind this
Reliance shares attracted attention entering their second session as SAMCO identified a historical rally pattern, noting that the stock decisively broke above a prolonged downward‑sloping trendline, suggesting a shift from selling pressure to fresh buying interest. Meanwhile, global markets were described as already fragile, with concerns that large AI investments could exacerbate instability. Investors moved into bonds, causing yields to fall from multidecade highs; the benchmark 10‑year Treasury dropped almost 20 basis points on October 22, marking its biggest daily decline since early 2023.
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As many as 14 stocks fell 50% or more during this period. Awfis Space Solutions, KEC International and HG Infra Engineering were the worst performers. Swiggy, Kaynes Technology and KPIT Technologies were also among the stocks that saw sharp corrections.
— NDTV
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As many as 14 stocks fell 50% or more during this period. Awfis Space Solutions, KEC International and HG Infra Engineering were the worst performers. Swiggy, Kaynes Technology and KPIT Technologies were also among the stocks that saw sharp corrections.
