Moneycontrol
Dec 07, 2017 08:19 AM IST | Source: CNBC-TV18

Rupee to remain stable, G-Sec yields likely to be in 7-7.07% range: Ajay Manglunia

Yields on G-Sec likely to be in range of 7-7.07 percent, says Ajay Manglunia of Edelweiss.

CNBC TV18 @moneycontrolcom

Ajay Manglunia of Edelweiss said, "Do not expect any RBI action for a while. Clarity expected only after December w.r.t additional borrowing. Rupee will be stable in the range of 64.30-64.70 for the day."

"Bond market was relieved in absence of a hawkish stance by RBI. Yields on G-Sec likely to be in range of 7-7.07 percent," he added.

tags #Rupee

Sections
Follow us on
Available On