Last Updated: February 13, 2023, 09:18 IST
A fowl flies previous a display displaying the Sensex outcomes on the facade of the Bombay Stock Exchange (BSE) constructing in Mumbai, February 1, 2023. (Reuters)
Sensex Today: Domestic markets began on a tepid observe forward of essential inflation knowledge, amidst sombre international sentiments.
Sensex Today: Domestic markets began on a tepid observe forward of essential inflation knowledge, amidst sombre international sentiments.
India’s foreign exchange reserves falls
India’s international trade reserves noticed a drop after practically three weeks, falling $1.5 billion to $575.27 billion within the week ended February 3.
The fall was the results of the decline within the Foreign Currency Assets (FCA), a serious part of the general reserves, the Reserve Bank of India’s weekly statistical complement mentioned on February 10.
The FCA fell $1.32 billion to $507.69 billion for the week ending February 3. Gold reserves have been down $246 million to $43.78 billion.
FPIs’ exodus continues; take out Rs 9,600 cr from equities in Feb
“I anticipate this movement (outflow) pattern to proceed till there may be extra readability on the Adani challenge, markets stabilize additional and FPIs see extra concrete indicators of restoration within the Indian economic system,” Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, mentioned.
Global Cues
Globally, the US equity futures were subdued this morning as Dow Jones Futures, NASDAQ Futures, and the S&P 500 Futures dropped up to 0.6 per cent.
Asia-Pacific markets, too, fell in tandem as investors eye macro economic data releases this week. Key indices like Nikkei 225, Kospi, Kosdaq, and the S&P 200 indices declined up to 0.6 per cent.
Read all of the Latest Business News right here
