RBI MPC Today: Top Stocks To Watch Ahead of Governor Sanjay Malhotra's Speech On June 5 | What History Suggest

RBI MPC Today: Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the Monetary Policy Committee's (MPC) decision on the repo rate on Friday, June 5. The policy outcome, along with the RBI's stance and the tone of Governor Malhotra's commentary, will be closely watched by investors. Any surprise move on interest rates or a shift in the central bank's outlook could trigger significant reactions across the stock market and influence sector-specific trends.

As the RBI MPC countdown begins, let's find out key sectors and stocks that are likely to react after RBI repo rate announcement today.

RBI MPC Today: Repo Rate Expectations

The RBI is likely to keep repo rate unchanged at 5.25% and it may opt for a cautiou stance amid rising geopolitical tensions due to the US-Israel war on Iran, as per Goodreturns RBI MPC preview. Commentary around uncertainty around Strait of Hormuz blockade and recent jump in crude oil prices will remain in focus.

Realty, Bank, NBFC Stocks In Focus If RBI MPC Keeps Repo Rate Unchanged

As the market is expecting the RBI to keep repo rate unchanged, an expected move may produce sector divergence and not broad moves. Shares of rate-sensitive sectors were trading mix after the RBI MPC kept repo rate unchanged for the second consecutive time in August 2021. PSU banks and realty fell while private banks and select auto names outperformed.

In April 2026 meeting, when RBI Governor Sanjay Malhotra announced third consecutive repo rate hold at 5.25% with a neutral stance, the Indian stock market saw one of its strongest single-day rallies. Sensex and Nifty closed around than 3% higher post RBI MPC announcement. Nifty Realty surged around 7%, Nifty Auto was up close to 6.7%, Nifty Bank, Nifty PSU Bank, and Nifty Financial Services were up more than 5.5% on last RBI MPC announcement day, ie April 8.

However, the stock market rally post RBI MPC announcement was driven by a host of other factors like optimism around West Asia crisis due to ceasefire announcement, correction in brent crude oil price, etc.

Non-Rate Sensitive Sectors Can Dominate If RBI MPC Holds Repo Rate Steady

If the RBI MPC keeps repo rate steady today, there are chances, that rate-sensitive sectors may take a back seat and non-rate sectors can come into action. In June 2024, the expected RBI MPC repo rate pause announcement was followed by Nifty IT's surge of around 2.8%, where Wipro was up close to 5%.