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Feb 26, 2013, 08.40 AM IST | Source: CNBC-TV18

10-year yield likely to fall to 7.75%: Vivek Rajpal

RBI announced OMOs worth Rs 10,000 cr post market close yesterday. OMOs along with the global uncertainty will likely support bonds, says Vivek Rajpal, Nomura.

Vivek Rajpal, Nomura said, "RBI announced OMOs (open market operations) worth Rs 10,000 cr post market close yesterday. OMOs along with the global uncertainty will likely support bonds. Consequently, the 10-year yield is likely to fall to 7.75 percent."

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