RBI Rate Hike Expected to Impact Sensex and Nifty After 8-Week Loss
The Reserve Bank of India (RBI) is expected to announce a monetary policy rate hike, potentially starting a new rate-hike cycle. This move comes amid inflation pressures fueled by the West Asia conflict. Market reactions include a rise in Indian bank stocks and a 1% increase in the Nifty Private Bank index. The repo rate could reach 6% by the end of FY27.
The Economic Times·



