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Aug 09, 2012, 08.35 AM IST
The Finance Minister's statement on the need for interest rates to be brought down, says Mohan Shenoi, Kotak Mahindra Bank.
Mohan Shenoi, Kotak Mahindra Bank said, "The Finance Minister's statement on the need for interest rates to be brought down and the expectation of a lower IIP today at 0.80% will keep the undertone in the bond market bullish. The range for the 10-year yield is seen between 8.10-8.14%."
Tags: Mohan Shenoi, Kotak Mahindra Bank, Finance Minister, interest, rates, IIP, bond, market, yield
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