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Feb 21, 2013, 08.59 AM IST
Government has auctioned fresh limits in bonds to FIIs, which could lead to some buying in bonds. Global risk off is likely to aid sentiment, says Sandeep Bagla, ICICI Securities.
Sandeep Bagla, ICICI Securities said, "Government has auctioned fresh limits in bonds to FIIs, which could lead to some buying in bonds. Global risk off is likely to aid sentiment. CPI for rural workers came above 12%, which could be a dampener. The range for the 10-year yield is seen between 7.77-7.83%."
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