The U.S. dollar surged to a six-week peak as escalating government shutdown fears drove investors towards safe-haven assets. Gold prices hit new highs amid global economic uncertainty. Meanwhile, the yen weakened against the dollar on speculation about Japan’s new prime minister’s economic policies. Central bank decisions from New Zealand and the U.S. Federal Reserve are also on the horizon.
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