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Without a Wall Street lead and ahead of an RBA meeting, the ASX200’s early gains were fleeting, with the index grinding lower throughout the session to finish down 0.38% and at 6826.The sell-off gathered pace after the RBA handed down its decision; a 50 point hike as expected, and a tacit commitment to data dependency, with policy “not on a pre-set path”. The AUD/USD reclaimed an intra-day dip following the meeting.Across the market: IT and energy stocks lifted, the latter supported by moves from Russia to cut gas supply into Europe and a decision by OPEC+ to reduce output. New-energy stocks outperformed. Pilbara Minerals finished the session 6.9% higher, Allkem added 4.3%, while Paladin gained 7.2%. The lithium miners were bolstered by a bullish broker note from Jefferies.As far as the laggards go, Super Retail dropped 6% as the stock went ex-dividend. Codan was down 4.9%, and Breville was off by 4.5%.Magellan was the stock of the day, watch all 11 stocks covered in the call here.Our top videosOil, gas, mining. What's on Shawn Hickman's radar?No rubbish in these results  Hosted on Acast. See acast.com/privacy for more information.