The rise in the reserves last week was driven by an increase in the RBI’s foreign currency assets, which rose $5 billion to $519.4 billion, latest data showed. The central bank’s gold reserves declined by $494 million to $45.6 billion last week.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across
May 24, 2025