Exclusive news and data that keep market professionals aheadWednesday, October 7, 2026
News
Photo
Video
Infographics
Archive
Download Center
Press Releases
Rate-sensitive stocks mixed after RBI rate hike; Banks gain, auto, realty slip
Published: 07/10/26 11:13
New Delhi | India
New Delhi, Oct 7 (UNI) Shares of interest-rate-sensitive sectors traded mixed in Wednesday's intraday session after the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) unanimously raised the repo rate by 25 basis points to 5.5 per cent from 5.25 per cent. Banking and financial stocks emerged as relative outperformers, with the Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices trading up to 1 per cent higher. The gains came even as the benchmark Nifty 50 fell 0.38 per cent. Financial-sector indices had initially declined by up to 1 per cent earlier in the…