India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
Liquidity tightens further, Bond price may remain flat to negative
Bond prices may remain flat to negative in the coming week as system is facing acute shortage of funds despite the measures taken by RBI. Since mid of October, Banks are borrowing more than Rs 1,00,000 crore on daily basis (average) from RBI. Further, worries of another rate hike in January has increased after RBI’s deputy governor said Inflation is not coming down as fast as they wanted.
No comments:
Post a Comment