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Last Updated : Apr 03, 2017 08:00 AM IST | Source: CNBC-TV18

Expect gilts to be rangebound in run up to the policy: Ajay Manglunia

The 10-year benchmark yield is likely to trade in a range of 6.67-6.72 percent today, says Ajay Manglunia of Edelweiss.

Ajay Manglunia of Edelweiss said, "The bond market focus will now shift towards the monetary policy review and participants are likely to adopt a cautious stance. The gilts are expected to be rangebound in the run up to the policy."

"The 10-year benchmark yield is likely to trade in a range of 6.67-6.72 percent today," he added.

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First Published on Apr 3, 2017 08:00 am
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