RBI has a Media Interaction on 2nd Dec Bi Monthly Monetory Policy release, How will this effect the Interest rate futures (840GS2024) traded on Exchange?

General
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Check this post on trading interest rate futures: 

It is quite simple actually, based on what you think will happen at the monetary policy

  • If your view is that interest rates are going up, “Short” Interest rate futures (you profit because when interest rates go up, Bond prices come down).
  • If your view is that interest rates are going down, “Buy” Interest rate futures (you profit because when interest rates go down, Bond prices go up).