RK Gurumurthi, ING Vysya Bank: The bond market is likely to under pressure on rising crude prices and weaker currency. Swaps appear to be pricing in further aggressive tightening. The 10-year yield may test 9% levels.
N Subramaniam, Pinnacle Forex: The rupee is likely to be under pressure due to high oil prices, increasing deficit and low inflows. RBI intervention is seen at Rs 43.50 per dollar level. The range for the day is seen between Rs 43.20-43.50 per dollar.
