Sandeep Bagla of ICICI Securities Primary Dealership feels global risk on due to Fed's reiteration of easy monetary policy should lead to appreciation in rupee.
According to him, bonds are likely to open up sharply on the back of a stronger rupee. "The range for the 10-year yield is seen between 7.40-7.50 percent," he adds.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!
