Why Did KKR Plunge 5.69%? Trade Tensions, Market Weakness

On April 7, 2025, KKR's stock price dropped by 5.69% in pre-market trading, reflecting a significant decline in investor sentiment.

Foreign institutional investors (FIIs) have shown a strong interest in financial services stocks, purchasing a substantial amount in March 2025. However, this trend reversed in early April due to rising global trade tensions, which led FIIs to become net sellers. This shift in investor behavior has likely contributed to the recent decline in KKR's stock price.

The Indian government has maintained its confidence in meeting budget estimates despite geopolitical challenges. This stability in the broader economic environment could provide some support for KKR's stock, but the immediate impact of trade tensions remains a concern.

Market breadth has been overwhelmingly negative, with a large number of stocks declining and hitting 52-week lows. This broader market weakness could also be influencing KKR's stock performance, as investors become more risk-averse.