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Timeline
MPCOCT 08, 2021

Policy Repo Rate Held

Fourth bi-monthly 2021-22

NIFTY 50+0.87%vs T-60 baseline
USD / INR+0.73%vs T-60 baseline
INDIA VIX-0.43%vs T-60 baseline
Gilt Fund (10Y proxy)0.00%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-+0.59%+0.59%+0.87%
USD / INRUSDINR · 1d-+0.09%+0.09%+0.73%
India VIXVIX · 1d--3.16%-3.16%-0.43%
Gilt Fund (10Y proxy)GSEC · 1d-0.00%0.00%0.00%