Policy▼ Bearish for Indian equities
Mint Explainer | Why the RBI looks set to hike rates
The brief
- Rising inflation, higher oil prices and global monetary tightening are pressuring the RBI to raise rates
- Rate increases can weigh on Indian rate-sensitive stocks and raise borrowing costs for businesses
- Sensex, Nifty up today: Why is Indian stock market rising ahead of RBI MPC meeting outcome? Explained with 3 reasons
- Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 06, 2026
- Dealers flag price hikes as risk to GST-led sales boom
- Explained: How RBI rate hike may impact Sensex, Nifty after 8-week losing streak
- Private bank stocks rally up to 4% day ahead of RBI MPC Oct meet outcome
RBI’s expected repo rate hike
Ahead of the October 7 policy, polls and analysts widely expected the RBI to raise the repo rate by 25 basis points, with one poll putting it at 5.5%. Inflation, higher oil prices and rupee weakness were cited as pressures; Crisil said India Inc could manage a 50-basis-point hike.
Tuesday, 6 October
- Mint Explainer | Why the RBI looks set to hike rates