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Last Updated : Aug 17, 2015 08:56 AM IST | Source: CNBC-TV18

10-year yield to trade in 7.72-7.77% range: Ajay Manglunia

The 10-year benchmark is likely to trade in a range of 7.72-7.77% today, says Ajay Manglunia, Edelweiss.

Ajay Manglunia, Edelweiss said, "The disappointment of the monsoon session ending without passage of the GST bill might overshadow the sharp decline in inflation readings. However, there is still hope of the bill passing via a special session and hence there might be a slight extension of the gains seen following the CPI inflation release. The 10-year benchmark is likely to trade in a range of 7.72-7.77% today."

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First Published on Aug 17, 2015 08:56 am
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