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- Bond prices to consolidate at current levels: Dhawal Dalal
Posted by : Simran Shah
Monday, 27 October 2014
Dhawal Dalal, DSP BlackRock Invst said, "Bond prices are likely to consolidate at current levels. We expect the rally to pause from a technical perspective. Any dip in the price should be taken advantage of by the long-term investors."
"We expect the benchmark 10-year to trend towards 8 percent in the next 6-9 months,"he added.
Gold regained sheen with its price surging by Rs 305 to over 7-week high of Rs 27,355 per 10 grams at the bullion market here today.
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