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Timeline
MPCAPR 08, 2022

Policy Repo Rate Held

First bi-monthly 2022-23; final hold before tightening

NIFTY 50+0.20%vs T-60 baseline
USD / INR-0.04%vs T-60 baseline
INDIA VIX-3.84%vs T-60 baseline
Gilt Fund (10Y proxy)+3.03%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-+0.82%+0.82%+0.20%
USD / INRUSDINR · 1d--0.04%-0.04%-0.04%
India VIXVIX · 1d--6.89%-6.89%-3.84%
Gilt Fund (10Y proxy)GSEC · 1d-+1.21%+1.21%+3.03%