Nirmal Bang Securities Pvt. Ltd. - Daily Report 220110

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Japanese stocks plunged as part of a global rout after a U.S. government proposal to ban banks from investing in hedge funds triggered declines in U.S. shares, the dollar and commodities. The new U.S. regulations, if implemented, will decrease investment in risk assets, said Kazuhiro Takahashi, a general manager at Daiwa Securities Capital Markets Co. in Tokyo. “The markets for stocks, foreign exchange and commodities will shrink as a result.”

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