Suresh Prabhu, HDFC Bank: The G-Sec market has eased considerably, with the market having largely factored in the expected oil price hike and announcement of the next auction. Some positives are expected in today's trade, as most of the factors are favorable. No major fall in yields is expected. The 10-year bond is expected to trade in the 6.90-6.94% range.
Mohan Shenoi, Kotak Mahindra Bank: The rupee is likely to remain rangebound today, trading within the Rs 43.65-43.75 range. Money market action will be largely concentrated in the bond market due to the rise in crude prices and the possibility of fuel price hike. However, the forward premia, which had fallen earlier, may inch back slightly.
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