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Timeline
MPCDEC 05, 2019

Policy Repo Rate Held

Fifth bi-monthly 2019-20

NIFTY 50-1.01%vs T-60 baseline
USD / INR-0.80%vs T-60 baseline
INDIA VIX+2.40%vs T-60 baseline
Gilt Fund (10Y proxy)-1.20%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--0.21%-0.21%-1.01%
USD / INRUSDINR · 1d--0.67%-0.67%-0.80%
India VIXVIX · 1d-+7.43%+7.43%+2.40%
Gilt Fund (10Y proxy)GSEC · 1d--0.33%-0.33%-1.20%