Asian equities experienced a modest decline, mirroring Wall Street’s retreat from record highs due to concerns about an overheated market. Technology shares were among the decliners, with a US-listed Chinese shares index falling significantly. The yen also weakened against the dollar, influenced by a leadership change in Japan’s ruling party.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention