Monday, September 26, 2016

Yield to show downward bias : 26.09.2016

Yield to show downward bias : 26.09.2016

NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE

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 The 10-year benchmark yield is likely to trade in a range of 6.77-6.82 percent today,

"The positive momentum seen since the US Fed meet is expected to cool off with trading restricted to a narrow range. However, the positive sentiment is very much intact and hence the yield will show a downward bias accordingly. The 10-year benchmark yield is likely to trade in a range of 6.77-6.82 percent today."