Bond prices to remain rangebound with declining bias: Dalal

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.

July 27, 2012 / 08:35 IST

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%."

first published: Jul 27, 2012 08:27 am

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