News Preview

Nifty 50 and RBI MPC rate hikes: Does a rising interest rate always trigger a market correction? What history suggests

Nifty 50 and RBI MPC rate hikes: Does a rising interest rate always trigger a market correction? What history suggests

The Reserve Bank of India's Monetary Policy Committee (MPC) raised the repo rate by 25 basis points to 5.5%, marking its first hike in four years amid inflation concerns. While the Sensex and Nifty fell post-announcement, historical data shows market responses to rate hikes have varied based on economic conditions.

Want to stay up to date with the world events at sea or at home?

Explore Navvyx News - the best News app for seafarers.