Timeline
MPCAPR 06, 2023

Policy Repo Rate Held

Surprise pause in hiking cycle

NIFTY 50-vs T-60 baseline
USD / INR-0.35%vs T-60 baseline
INDIA VIX-vs T-60 baseline
10Y G-SEC-vs T-60 baseline
Cross-Asset Reaction Window
Surprise Analysis
Surprise DeviationHistorical volatility metric
-0.0σ

Actual PolicyRepo Hold
ConsensusHold expected

Macroeconomic Assessment

Cautious, data-dependent approach maintained.

Cross-Asset Reaction Matrix
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY-+0.24%+0.24%-
USD / INRUSDINR--0.20%-0.20%-0.35%
India VIXVIX--4.92%-4.92%-
10Y G-SecGSEC-+0.11%+0.11%-