Ajay Manglunia, Edelweiss said, "The market has turned incrementally positive over the last week with a stable rupee and easing liquidity metrics. Gilts are expected to consolidate gains with the OMO (open market operation) purchase scheduled today and on anticipation of more purchases lined up in the coming weeks. The range for the 10-year yield is seen between 8.50-8.65 percent today."
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