Moneycontrol
HomeNewsBusinessMarketsInflation to determine price action in bond mkt: Shenoi

Inflation to determine price action in bond mkt: Shenoi

The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%, says Mohan Shenoi, Kotak Mahindra Bank.

June 14, 2012 / 08:37 IST
Story continues below Advertisement

Mohan Shenoi, Kotak Mahindra Bank said, "The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%. A 25 bps cut in policy rates and 50 bps CRR cut has been priced in. The 10-year yield is seen between 8.03-8.08%."

first published: Jun 14, 2012 08:32 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!