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Govt bond prices drifting lower: Dhawal Dalal

Government bond prices are drifting lower in the absence of any positive trigger amid low trading volumes, says Dhawal Dalal, DSP BlackRock.

November 27, 2015 / 08:57 AM IST

Dhawal Dalal, DSP BlackRock said, "Government bond prices are drifting lower in the absence of any positive trigger amid low trading volumes. Market participants are closely following the Winter Session of Parliament and global markets to get further cues on FII flows, FX and bond yields.""We expect the 10-year benchmark yield to trade between 7.65-7.75% in the near term," he added.

first published: Nov 27, 2015 08:56 am

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