The Repo Rate Hike: Inflation Gave the Cover, the Rupee Gave the Reason

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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence RBI Policy Decoded The Repo Rate Hike: Inflation Gave the Cover, the Rupee Gave the Reason The RBI raised the repo rate by 25 basis points to 5.50 percent on 7 October 2026. With the rupee at ₹96.78 to the dollar, the Fed at 3.75–4.00 percent and bank credit growing near 18 percent, the fuller story is bigger than August CPI of 4.8 percent. The Reserve Bank of India raised the repo rate by 25 basis points to 5.50 percent on 7 October 2026. It is the first hike since February 2023, and the stance has moved from neutral to calibrated tightening. The rate decision was unanimous. The Governor cited inflation. The Monetary Policy Committee said the inflation outlook is no longer as comfortable as it was last year, and near-term rate cuts were taken off the table. That is the official story, and it is not wrong. But it is incomplete. Look at what surrounds the decision: a rupee near its record...
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Winning Strokes: Think Different
Profit Booking was suggested in the shares of Vakrangee Ltd (Rs.41.2) yesterday, after the company reported 50% plunge in the consolidated net profit for January-March quarter of the financial year 2017-2018. The shares of Vakrangee have been on a roller coaster ride since October 2017 till now. In the span of last 8 months, the scrip of Vakrangee Ltd hit an all-time high and have subsequently dropped to multi-year low. Therefore, expert help is necessary while dealing with these kinds of shares. Where is the next support?

A buy call was given in the shares of Jain Irrigation Systems Ltd at around Rs.97-98, for short term target of Rs.117-117. The stock closed at Rs.97.80 in the BSE. Earlier the company announced that India Ratings and Research has upgraded the company's long term issuer rating to IND A- from IND A--. There were earlier media reports that the company is going to execute integrated drip irrigation project in Vidarbha region. The said project is based on pioneered concept of company Jalgaon i.e. resource to root. This project is likely to improve the water use efficiency from current 35% to 90% and we are proud to be selected as the agency to implement the project, said Ajit B Jain, joint managing director of Jain Irrigation. However, this is not a momentum counter.

The stock of HDIL (Rs.22.95) should be accumulated on all dips for targets of around Rs.37-39. The recent government fiat on affordable housing is positive for the company. 

Profit booking was suggested in the shares of P C Jewellers Ltd at around Rs.157. The scrip yesterday closed at Rs.157,55.

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