Jul 19, 2012, 08.49 AM IST

Bonds likely to be negative: Mohan Shenoi

Bonds are likely to be negative on account of the sharp rise in crude prices and higher CPI data, says Mohan Shenoi, Kotak Mahindra Bank.

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Mohan Shenoi, Kotak Mahindra Bank said, "Bonds are likely to be negative on account of the sharp rise in crude prices and higher CPI data. Investors would watch out for the auction tomorrow. The 10-year yield may range between 8.05-8.10%."
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