Market expects RBI to stay accommodative

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Market expects RBI to stay accommodative

By , ET BureauLast Updated: Feb 04, 2021, 07:19 AM IST

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Synopsis

Yields on benchmark bonds have risen 22 basis points since the budget announcement that the government would borrow more this year and of an elevated borrowing calendar next year. When bond yields rise, prices fall.

The gauge recouped part of its losses on select profit booking by public sector banks.

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