HomeNewsBusinessMarketsExpect bond market to open on positive note: Ajay Manglunia

Expect bond market to open on positive note: Ajay Manglunia

The range for the 10-year yield is seen between 8.15-8.35 percent, says Ajay Manglunia, Edelweiss. "Last week's RBI measures should keep up the positive sentiment but gilt yields will largely continue to track the rupee, "he adds.

August 26, 2013 / 08:50 IST
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Ajay Manglunia, Edelweiss said, "The bond market is expected to open on a positive note on the back of Friday's currency recovery and OMO (open market operation) purchase. Last week's RBI measures should keep up the positive sentiment but gilt yields will largely continue to track the rupee. The range for the 10-year yield is seen between 8.15-8.35 percent."

first published: Aug 26, 2013 08:50 am

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