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Currencies

India’s forex reserves rise by $8.3 billion to $688.13 billion: RBI report

According to the report, India’s total foreign exchange reserves stood at USD 688.13 billion as on April 25, 2025, reflecting a stable and healthy external sector position. The reserves almost rose by $11.83 billion in a month. As of April 4, 2025, India’s foreign exchange reserves stood at $676.3 billion, per the PIB press release.India’s reserves are diversified across the following assets:1. Foreign Currency Assets (FCAs): The largest component, these assets provide liquidity and comprise the major G-10 currencies. It is the first in line in terms of protecting against...
Stock Market

Stock Market Outlook: Indexes in the Danger Zone As They Test Key Threshold

The S&P 500 and Nasdaq 100 are hovering near their 200-day moving averages, a key technical support level.The 200-day moving average is an important indicator of potential trend reversals in stocks.Traders believe an immediate bounceback is needed for stocks to avoid further declines.The stock market has entered the danger zone as the S&P 500 and Nasdaq 100 hover near their 200-day moving averages.Both indexes are trading at the key technical support level after a 6% decline in the S&P 500 and a 9% sell-off in the Nasdaq 100 since mid-February.The...