Bond prices likely to remain rangebound: Dhawal Dalal
Published on Fri, Feb 10, 2012 at 08:20 | Source : CNBC-TV18
Updated at Fri, Feb 10, 2012 at 08:31
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Bond prices likely to remain rangebound: Dhawal Dalal
Bond prices are likely to remain range-bound in the near-term on account of higher supply and uncertainty about RBI's OMO announcement, says Dhawal Dalal, DSP BlackRock.
Dhawal Dalal, DSP BlackRock said, "Bond prices are likely to remain rangebound in the near-term on account of higher supply and uncertainty about RBI's OMO announcement. IIP is expected to be around 3%. The 10-year yield is seen between 8.25-8.30% in the near-term."
