Monday, 10 April 2017

10-year benchmark to trade between 6.80-6.86%: Ajay Manglunia

Ajay Manglunia of Edelweiss said, "The bond markets have been on a negative trajectory since the monetary policy review and the negative bias might persist, tracking the evolving geopolitical situation. However the extent of weakness might be limited as profit-booking can emerge at some point." He further added, "The 10-year benchmark is likely to trade in a range of 6.80-6.86 percent today."

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