Timeline
MPCOCT 09, 2024

Policy Repo Rate Held

Hold; 5-1 majority; stance changed to neutral

NIFTY 50-0.06%vs T-60 baseline
USD / INR-0.03%vs T-60 baseline
INDIA VIX-7.47%vs T-60 baseline
10Y G-SEC+0.04%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--0.12%-0.12%-0.06%
USD / INRUSDINR--0.06%-0.06%-0.03%
India VIXVIX--3.22%-3.22%-7.47%
10Y G-SecGSEC-+0.15%+0.15%+0.04%