Published on Thu, Oct 15, 2009 at 08:55 | Source : Moneycontrol.com
Updated at Thu, Oct 15, 2009 at 09:06
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10-year yield seen between 7.37-7.40%: HDFC Bank
The 10-year yield has gone up on the back of the higher inflation numbers expected today. The range for the day is seen between 7.37-7.40%, says Suresh Prabhu, HDFC Bank.
On Wednesday, the widely traded 6.90%, 2019 paper closed lower at Rs 96.78 as against its previous close of Rs 96.85.
According to Suresh Prabhu, HDFC Bank, the 10-year yield has gone up on the back of the higher inflation numbers expected today. The range for the day is seen between 7.37-7.40%.
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