RBI Presser LIVE: Sensex down 200 pts, Nifty near 22,650; Governor says credit growth remains robust
The Indian stock market experienced a decline as the Reserve Bank of India raised the repo rate by 25 basis points to 5.5 percent. The central bank also shifted its monetary policy stance to 'calibrated tightening' to manage economic conditions.
Why it matters
Interest rate hikes directly impact borrowing costs for businesses and consumers, influencing market liquidity and overall economic growth in India.
Stock Market Highlights on Wednesday, Oct 7, 2026: The benchmark indices reversed its two-day gaining streak after the Reserve Bank of India (RBI) raised repo rate by 25 basis points to 5.5 per cent and changed monetary policy stance to 'calibrated tightening'.
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