Bond to remain in 8.10-8.18% range: Ananth Narayan

Positives for the bond market include the fact that supply for bonds is nearing its end for this fiscal, says Ananth Narayan, Standard Chartered Bank.

February 14, 2011 / 08:39 IST

Ananth Narayan, Standard Chartered Bank said that, "Positives for the bond market include the fact that supply for bonds is nearing its end for this fiscal. Also, weak IIP numbers have cast doubts about growth. The negatives for the markets include expectation of tight liquidity until March 10. WPI is expected to come in at around 8%. Range for the day is seen at 8.10%-8.18%."

first published: Feb 14, 2011 08:37 am

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