Yields on G-Sec likely to be in range of 7-7.07 percent, says Ajay Manglunia of Edelweiss.
Ajay Manglunia of Edelweiss said, "Do not expect any RBI action for a while. Clarity expected only after December w.r.t additional borrowing. Rupee will be stable in the range of 64.30-64.70 for the day.""Bond market was relieved in absence of a hawkish stance by RBI. Yields on G-Sec likely to be in range of 7-7.07 percent," he added.