INDIA MARKET LENS
◆ Mixed

RBI rate hike dampens consumption stocks’ festive cheer

RBI moved higher.

7 Oct 2026 · LiveMint Markets

Unlike past rate hikes, consumption-focused stocks failed to recover on policy day, raising concerns that higher borrowing costs could weigh on festive-season demand and…

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  • With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.