Last Updated : May 07, 2013 08:49 AM IST | Source: CNBC-TV18
Bonds unlikely to rally in hurry: Vivek Rajpal
Vivek Rajpal, Nomura said, "Amid supply pressures and after RBI's cautious guidance, bonds are unlikely to rally in a hurry. However, value buying will cap any rise in yields. Bond markets are expected to stay rangebound with the 10-year yield trading between 7.70-7.78 percent."Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on May 7, 2013 08:49 am