Timeline
MPCAUG 08, 2024

Policy Repo Rate Held

Hold; 4-2 majority; withdrawal of accommodation

NIFTY 50+0.29%vs T-60 baseline
USD / INR+0.06%vs T-60 baseline
INDIA VIX-5.13%vs T-60 baseline
10Y G-SEC-0.10%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--0.74%-0.74%+0.29%
USD / INRUSDINR-+0.01%+0.01%+0.06%
India VIXVIX-+2.66%+2.66%-5.13%
10Y G-SecGSEC-+0.06%+0.06%-0.10%