Ashutosh Khajuria of Federal Bank said, "Don't expect rupee to depreciate further and will trade in a range 65-65.50 today."
He further added, "Bond markets are in a bearish mood ahead of state development loans auctions worth Rs 10,000 crore today."
"Bond traders would like to wait till CPI data on October 12 before taking a call. Expected range for 10-year benchmark is seen 6.75-6.80 percent."
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