Government bond yields may fall by up to 5 basis points in the early hours of trade on Wednesday as the prospect of sustained overseas flows is likely to boost market sentiment. However, an hour into trade, bond traders will take fresh cues from the Reserve Bank of India’s policy statement which is scheduled at 10 am. Yield on the 10-year government bond closed at 6.82% on Tuesday.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended last week lower amid range-bound trading, with broader markets also under pressure. Analysts identified four key factors that could drive Dalal