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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
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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

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