RBI Hikes Rates Amid Oil & Currency Pressures | Inside Nifty’s 22,603 Slide Ahead of TCS Q2 Earnings..07-Oct-26

A blend of resilient domestic growth and mounting external pressures forced the RBI to front-load a 25 bps rate hike today, bumping the repo rate to 5.50%. While the central bank upgraded its FY27 GDP forecast to 7.1%, the explicit shift to calibrated tightening weighed heavily on rate-sensitive sectors. Tune into tonight's podcast as we evaluate Bank Nifty’s structural support zones and preview TCS’s Q2 earnings expectations. Get the facts here.