Mohan Shenoi, Kotak Mahindra Bank said,
"Upgrade of India's credit outlook by Moody's from stable to positive is
likely to be positive for Indian equities, rupee and bonds. The USD-INR is
expected to trade in a range of Rs 62.05-62.45/USD." "India CPI
inflation for March is likely to be higher at 5.70-5.80% which is bond
negative. The 10-year benchmark bond is likely to trade in a range of 7.75-7.80
percent," he further added.
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