EZB8RISK / Market Briefing

Indian markets head into the RBI's October policy meeting with rate expectations in flux, as a poll of economists points to a possible repo rate hike while a large cash surplus kee

Indian markets head into the RBI's October policy meeting with rate expectations in flux, as a poll of economists points to a possible repo rate hike while a large cash surplus keeps liquidity conditions flush. Trade headlines remain the other anchor, with a US official calling any deal "nothing imminent" even as talks with multiple partners progress. Meanwhile, Nifty valuations sit near post-COVID lows, a tension worth watching as political protests over voter lists add noise but little direct market impact so far.

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