Tuesday, December 20, 2016

Expect bond markets to be rangebound in trade : 21.12.2016

Expect bond markets to be rangebound in trade : 21.12.2016
The 10-year benchmark yield would be 6.4-6.5 percent, UTI MF.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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"We expect the bond markets to be rangebound in trade due to lack of triggers in the near term. The present trend is pointing towards consolidation and today's expected trading range for the 10-year benchmark yield would be 6.4-6.5 percent."