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Timeline
MPCDEC 05, 2018

Policy Repo Rate Held

Fifth bi-monthly 2018-19

NIFTY 50-2.47%vs T-60 baseline
USD / INR+0.55%vs T-60 baseline
INDIA VIX+6.63%vs T-60 baseline
Gilt Fund (10Y proxy)+2.84%vs T-60 baseline
Cross-Asset Reaction Window

The 10-year sovereign is shown as a gilt-fund proxy, whose value moves inversely to yields. Older events use daily closes, so the intraday windows then coincide with the daily close.

Surprise Analysis
Surprise DeviationPolicy decision — no numeric surprise

Actual PolicyRepo Hold
ConsensusHold expected

Macroeconomic Assessment

Cautious, data-dependent approach maintained.

Source: RBI Press Release
Cross-Asset Reaction MatrixExport CSV
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY · 1d--0.80%-0.80%-2.47%
USD / INRUSDINR · 1d-+0.21%+0.21%+0.55%
India VIXVIX · 1d-+1.55%+1.55%+6.63%
Gilt Fund (10Y proxy)GSEC · 1d-+3.37%+3.37%+2.84%