The Economic Times

RBI hikes rate, but analysts see shift to calibrated tightening as bigger takeaway. How can this impact markets?

RBIs 25-bps repo rate hike to 5.50% was largely expected, but its shift to calibrated tightening surprised markets and signals that near-term rate cuts are unlikely. Analysts expect selective pressure on rate-sensitive sectors, while banks with stronger balance sheets may remain relatively better placed amid rising inflation and crude prices.