GDP data to provide further direction to bonds: Dalal

The range for the new 10-year yield is seen between 7.20- 7.30 percent. GDP is likely to come in around 4.5-5 percent, says Dhawal Dalal, DSP BlackRock Invst Managers.

May 31, 2013 / 08:52 IST

Dhawal Dalal, DSP BlackRock Invst Managers said, " The GDP data today will provide further direction to bonds. GDP is likely to come in around 4.5-5 percent. The range for the new 10-year yield is seen between 7.20- 7.30 percent."

first published: May 31, 2013 08:52 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347