Nifty 50 and Sensex open higher as RBI begins Monetary Policy Committee meeting
GS3Economy · S&T · Environment · Security· Monetary policy, RBI & banking· Prelims·
Why in news
The Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) meeting to decide on the repo rate amidst 4.82 per cent CPI inflation.
Background
The RBI's Monetary Policy Committee meeting is scheduled from October 5-7. The current repo rate stands at 5.25 per cent against a Consumer Price Index (CPI) inflation of 4.82 per cent.
Facts for Prelims
- FactRepo Rate: 5.25 per cent as of October 5, 2026
- FactCPI Inflation: 4.82 per cent
- BodyMonetary Policy Committee (MPC): The body responsible for determining the repo rate in India
- FactNifty 50 and BSE Sensex opened at 22,532 and 72,340 respectively on October 5, 2026
For Mains
Q. Discuss the role of the Monetary Policy Committee in balancing inflation control with economic growth in a volatile global environment.
Dimensions to cover in your answer
- Inflation-Growth Trade-off: Balancing the 4.82 per cent CPI inflation against the need for credit availability
- External Shock Transmission: Impact of Middle-East tensions on domestic capital markets and interest rate decisions
Keywords: Monetary Policy · Repo Rate · CPI Inflation · Liquidity Management · Capital Markets
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