Nov 23, 2012, 08.08 AM IST | Source: CNBC-TV18

Bond prices likely to remain rangebound: Dalal

Bond prices are likely to remain rangebound with a downward bias, says Dhawal Dalal, BlackRock Investment Managers.

Dhawal Dalal

EVP & Head - Fixed Income, DSP BlackRock

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Dhawal Dalal, BlackRock Investment Managers said that, "Bond prices are likely to remain rangebound with a downward bias. The market is pinning its hopes on RBI's OMO announcement amid tight liquidity conditions. The near-term range for the 10-yr yield is seen between 8.20-8.30%."

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