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Timeline
MPCAPR 08, 2026

Policy Repo Rate Held

Status quo; neutral stance maintained

NIFTY 50+2.82%vs T-60 baseline
USD / INR-0.58%vs T-60 baseline
INDIA VIX-17.29%vs T-60 baseline
Gilt Fund (10Y proxy)-0.75%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-+3.78%+3.78%+2.82%
USD / INRUSDINR · 1d-+0.05%+0.05%-0.58%
India VIXVIX · 1d--20.24%-20.24%-17.29%
Gilt Fund (10Y proxy)GSEC · 1d--0.41%-0.41%-0.75%