Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Domestic markets open stronger, snap two-day losing run
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Breaking > Domestic markets open stronger, snap two-day losing run
Breaking

Domestic markets open stronger, snap two-day losing run

ANI
Last updated: January 23, 2023 1:00 pm
ANI
Published: January 23, 2023
Share
3 Min Read
SHARE

The domestic markets on Monday opened with gains, snapping two-day losing run.

Most of the key indices of global markets were trading in the green as the Indian equity markets opened on Monday. Thirty-share BSE Sensex went up 265 points to 60,870.77 on Monday morning while NSE Nifty surged 79 points to 18,106.70 level.

According to the Wall Street Journal, Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and debate how much higher to raise them after gaining more confidence inflation will ease further this year.

The report said they could begin deliberating at the January 31-February 1 gathering how much more softening in labour demand, spending and inflation they would need to see before pausing rate rises this spring.

In Asian markets, Japan’s Nikkei rose 308 points, Hong Kong’s Hang Seng surged 393.67 points while China’s Shanghai moved up 24 points on Monday morning.

In European markets, FTSE went up 23 points, CAC 40 climbed 44 points, Deutsche rose 113 points while Refinitiv Europe was up 1 points.

In American markets, Dow Jones was up by 330 points, Nasdaq went up 288, S&P 500 rose 73 points while Refinitiv United States was trading in the green.

On Friday, the Indian benchmark indices ended lower for the second straight session. BSE Sensex shed 236.66 points or 0.39 per cent to 60,621.77. The Nifty 50 index declined 80.20 points or 0.44 per cent to 18,027.65.

India’s foreign exchange (forex) reserves rose by USD whopping USD 10.417 billion to USD 572.0 billion in the week ending on January 13, Reserve Bank of India’s Bulletin Weekly Statistical Supplement data showed. With this sharp jump, the reserves hit over a five-month high.

During the week that ended on January 6, the country’s forex reserves were at USD 561.583 billion, earlier data showed. According to RBI’s latest data, India’s foreign currency assets, the biggest component of the forex reserves, rose by USD 9.078 billion to USD 505.519 billion.

Notably, at the start of last year — 2022, the overall forex reserves were at about USD 633 billion.
Much of the decline can be attributed to RBI’s intervention and a rise in the cost of imported goods. In October 2021, the country’s foreign exchange reserves reportedly touched an all-time high of about USD 645 billion.

The forex reserves had been intermittently falling for months now, barring the latest jump, largely because of the RBI’s intervention in the market to defend the depreciating rupee against a surging US dollar. (ANI)

The pic used in this story is a file photo

Amit Shah hails PM Modi’s decade of governance as “turning point in India’s history”
Amit Shah hails NDRF, SDRF team for providing safe Amarnath Yatra to pilgrims
Army soldier dead after his rifle went off accidentally in Sopore
Shrine Board’s Para-archers create history by pocketing two gold and three silver at Asian Para Games
SC declines to entertain PIL challenging cancellation of UGC-NET exam

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article PM Modi names 21 largest unnamed islands of Andaman Nicobar after Param Vir Chakra awardees
Next Article British High Commissioner says G20 Presidency opportunity to tell the story of “new India”
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

Hyderpora underpass turns into cab stand, sparks safety concerns
City
May 26, 2025
Bear-Proof Corral unveiled to tackle human-wildlife conflict in Drass
Kashmir
May 26, 2025
SACPPE holds session to safeguard children from unexploded shells in Uri
Kashmir
May 26, 2025
‘Prem Visheshagya’ brings laughter to Natrangs’ Sunday theatre
Jammu
May 26, 2025

Recent Posts

  • Hyderpora underpass turns into cab stand, sparks safety concerns
  • Bear-Proof Corral unveiled to tackle human-wildlife conflict in Drass
  • SACPPE holds session to safeguard children from unexploded shells in Uri
  • ‘Prem Visheshagya’ brings laughter to Natrangs’ Sunday theatre
  • Admin spreads awareness on drug abuse in Sgr

Recent Comments

  1. SavePlus on AI and Behavioural Analytics in Gaming: Making the World of Gaming Better
  2. Parul on Govt acknowledges faulty streetlights on Narbal-Tangmarg road
  3. dr gora on Women Veterinarians and the Goal of Viksit Bharat
  4. jalwa game login on National Education Policy 2020: Transforming India’s Educational System
  5. Virender Bhat on Pahalgam Attack: A War on Humanity, Peace, and Kashmiriyat

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?