Ajay Manglunia, Edelweiss said, "Gilts have made a reasonable comeback following the disappointing inflation numbers and are likely to trade in a range till next week's credit policy."
"The resolution of the US budget impasse and drop in US treasury yields to below 2.6 percent are expected to lend a positive bias to India gilt yields. The range for the 10-year yield is seen between 8.5-8.6 percent today," he added.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!
