RBI Verdict Today as US Yields Sit Near 24-Year High and Wall Street Hits Records
The RBI announces its October policy decision today after a three-day MPC meeting. The repo rate stands at 5.25% after five straight holds. Overnight, the S&P 500 closed at a record 7,818.93 while the US 10-year yield eased from about 5.35%, its highest since 2002.
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Nictick — educational context
In August, one MPC member flagged that a hike could be warranted later in 2026 if inflation builds. With US yields near multi-decade highs and crude hovering near $100, RBI commentary on inflation, the rupee and liquidity may set the tone for Nifty, Bank Nifty, gold and the rupee.