Weakness in rupee could cap bond market rally: Bagla

The range for new 10-year yield is seen between 7.15-7.18 percent. FIIs could hold back their bond purchases, says Sandeep Bagla, ICICI Securities Primary Dealership.

May 22, 2013 / 08:56 IST

Sandeep Bagla, ICICI Securities Primary Dealership said, "Further weakness in the rupee could cap the bond market rally. FIIs could hold back their bond purchases. The spread between the new and old 10-year bond could reduce. The range for the new 10-year yield is seen between 7.15-7.18 percent."

first published: May 22, 2013 08:56 am

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