Bond mkt likely to find support at current levels

2009 April 17

tags: BNP Paribas, current levels, stock market analysis

by prashant

K Ramkumar of Sundaram BNP Paribas said that the bond market is likely to find support at current levels. Demand for the Rs 12000 crore bond auction today is expected to be good. The 10-year yield is seen around 6.5%.

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DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

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Bond mkt likely to find support at current levels

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