Business news · Markets · 07 Oct 2026
IN Automobile and Auto Components Realty Financial Services
In the hour after the policy, the Nifty Auto index was down nearly 2% with all 15 members lower, led by Ashok Leyland (-2.75%) and Bajaj Auto (-2.54%), and Nifty Realty was down 1.1%. Bank indices moved the other way: Nifty PSU Bank rose 1.08% and Nifty Private Bank 0.44%, with Kotak Mahindra Bank up 1.68%. Shriram Finance lost 1.77%. Separately, Upstox reported the rupee at a day's low of 96.62 a dollar against a previous close of 96.39.
The split shows where the market places the cost of dearer money: on businesses whose sales depend on financed purchases (vehicles, homes) and on non-bank lenders that borrow wholesale, rather than on banks, whose floating-rate loans reprice faster than their deposits. The moves are one morning's reaction and were partly in place before 10 am, as the same indices were already lower ahead of the announcement. By noon the Sensex and Nifty had recovered part of their losses.
Reported by Upstox — “RBI hikes repo rate: Auto, real estate stocks dip, banks in green, here's how rate-sensitive stocks are faring” ↗ on 07 Oct 2026.
NSE stocks, from the last close on or before 07 Oct 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Automobile and Auto Components | 52 | +0.4% | 29 of 52 | +1.3 pts |
| Realty | 17 | +1.4% | 9 of 17 | +2.3 pts |
| Financial Services | 125 | +0.2% | 65 of 125 | +1.1 pts |
| All tracked stocks | 804 | -0.9% | 321 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Ashok Leyland Ltd. ASHOKLEY | ₹149.2 | ₹148.91 | -0.2% |
| Bajaj Auto Ltd. BAJAJ-AUTO | ₹9,884 | ₹10,405 | +5.3% |
| Brigade Enterprises Ltd. BRIGADE | ₹554.2 | ₹575.15 | +3.8% |
| Federal Bank Ltd. FEDERALBNK | ₹323.5 | ₹338 | +4.5% |
| Kotak Mahindra Bank Ltd. KOTAKBANK | ₹440 | ₹447.4 | +1.7% |
| Shriram Finance Ltd. SHRIRAMFIN | ₹948 | ₹939.95 | -0.8% |
| Union Bank of India UNIONBANK | ₹173.15 | ₹171.68 | -0.8% |
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