Market to look for taking profits on 25bps rate cut: Rajpal

We expect a 25 bps Repo rate cut today, which is already priced in the markets, says Vivek Rajpal, Nomura.

January 29, 2013 / 08:50 IST

Vivek Rajpal, Nomura said, "We expect a 25 bps Repo rate cut today, which is already priced in the markets. Also, we do not see a further Repo rate cut in the next credit policy in March and hence, market will look for taking profits on a 25 bps rate cut. The range for the 10-year yield is seen between 7.80-7.95%."

first published: Jan 29, 2013 08:49 am

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