Moneycontrol PRO
HomeNewsBusinessMarketsGilts to witness relatively quiet session: Ajay Manglunia

Gilts to witness relatively quiet session: Ajay Manglunia

The 10-year benchmark is likely to trade between 8.72-8.78 percent today, says Ajay Manglunia, Edelweiss.

January 13, 2014 / 08:53 IST

Ajay Manglunia, Edelweiss siad, "Gilts likely to witness a relatively quiet session as participants await CPI inflation data. The positive bias might continue as the broad based expectation is of a sub 10 percent reading."

"The 10-year benchmark is likely to trade between 8.72-8.78 percent today. WPI is also expected below 7 percent," he added.

first published: Jan 13, 2014 08:53 am

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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347