The FY17 lignite volumes would be more than 80 lakh tonnes, said L Kulshrestha, CFO, GMDC.
"As far as the bond market is concerned, it is doing well currently," SK Dubey, MD of PNB Gilts said.
The benchmark 10-year bond yield fell as much as 69 basis points to 8.21 percent. It was last trading at 8.28 percent.
Fixed income investments lately have delivered its worse performance amid volatile economic condition. The slew of measures announced by the RBI to tap rupee has further worsen the performance. Read this space to know the impacts and what steps should one ideally take under such situation.
The steps taken by Reserve Bank of India (RBI) had negative impact on the debt market; we have seen the 10-year government bond yield moving up from 7.60 percent to 8.05 percent, personal finance expert, Hemant Rustagi, Wiseinvest Advisors said.