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Jul 27, 2012, 08.35 AM IST
Bond prices are likely to remain rangebound with a declining bias as traders anxiously await announcement from the government on diesel price revision, says Dhawal Dalal, DSP BlackRock Mutual Fund.
Dhawal Dalal, DSP BlackRock Mutual Fund said, "Bond prices are likely to remain rangebound with a declining bias as traders anxiously await announcement from the government on diesel price revision. Today's auction will be an important gauge of demand amid the inflationary environment. The near-term range for the 10-year yield is seen between 8.05-8.15%."
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