Skip to content
Timeline
MPCJUN 07, 2024

Policy Repo Rate Held

Unanimous hold

NIFTY 50+1.92%vs T-60 baseline
USD / INR+0.18%vs T-60 baseline
INDIA VIX-2.38%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-+2.05%+2.05%+1.92%
USD / INRUSDINR · 1d-+0.11%+0.11%+0.18%
India VIXVIX · 1d-+0.48%+0.48%-2.38%
Gilt Fund (10Y proxy)GSEC · 1d-+0.10%+0.10%0.00%