Stocks below Rs 100: Only buyers seen in these scrips on June 8 Stocks below Rs 100: Only buyers seen in these scrips on June 8 Reserve Bank of India hiked the repo rate by 50 basis points to 4.90 per cent in its bi-monthly MPC meeting on Wednesday morning. RBI has now officially taken a withdrawal stance from an extraordinary accommodative stance earlier Sayali Kotwal / Wednesday, June 8, 2022 / Article rating: 4.3 At 2.30 pm on Wednesday, the core equity indices, i.e. Sensex and Nifty 50 were trading on the lower side as the markets reacted to the rate hike by RBI.