RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds
Rediff·2026-10-08 13:26

Indian stock markets, including the Sensex and Nifty, experienced a downturn following the Reserve Bank of India's decision to raise its repo rate and signal further monetary tightening, exacerbated by surging crude oil prices and significant foreign fund outflows.Photograph: Danish Siddiqui/ReutersSensex and Nifty50 Performance: Key Market Highlights TodayIndian benchmark indices, Sensex and Nifty, saw declines in early trade due to the RBI's hawkish stance and global monetary tightening prospects.The Rese ...

RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds - Reportify