U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed to extend funding, curtailing key oversight functions, stymieing initial public offerings, and limiting some market and economic data.Read More
Gold prices surged to a record high Wednesday, propelled by a weaker dollar due to a U.S. government shutdown and softer jobs data. This reinforced expectations of a Federal Reserve rate cut this month, boosting gold’s safe-haven appeal. Increased investor appetite suggests potential further gains, possibly exceeding $4,000/oz.Read More
Indian stock exchanges will remain shut on October 2 for Dussehra and Gandhi Jayanti, offering traders a break after recent volatility. The market has four more holidays this year, including a special afternoon Muhurat Trading session on October 21. Following a strong rebound, analysts anticipate sustained positive momentum for equities.Read More
WeWork India Management raised Rs 1,348.26 crores from 67 anchor investors at the upper end of its IPO price band. The company allotted over 2 crore equity shares to a diverse group of domestic and global institutional investors, including mutual funds and sovereign wealth funds.Read More
Foreign portfolio investors continued as net sellers in Indian equities for September 2025, marking six out of nine months of outflows this year. A significant concern is their reduced primary market investment, totaling $5 billion despite heightened IPO activity. This contrasts sharply with last year’s net purchases, though domestic funds provided strong support.Read More
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