Yield likely to remain rangebound: Vivek Rajpal

Value buying could emerge on an uptick in yields due to the low growth environment and the downward inflation trajectory, says Vivek Rajpal, Nomura.

June 04, 2013 / 08:56 IST

Vivek Rajpal, Nomura said, "Yield are likely to remain rangebound. Overnight announcement by RBI on OMOs (open market operations) could help the market. Value buying could emerge on an uptick in yields due to the low growth environment and the downward inflation trajectory. The range for the new 10-year yield is seen between 7.20-7.28 percent."

first published: Jun 4, 2013 08:56 am

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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347