Interest rates unlikely to come down further
The stimulus packages offered by government to fight the impact of global recession on Indian economy seem to be backfiring. At present,
it is discouraging the efforts of RBI to bring down the interest rates to revive demand in the domestic market...
the current bond market from the last 1 month has been quiet diacy.lots of volatality was seen in the debt market on grounds of heavy borrrowing and frequent omo by RBI. IN the long run end market have a good support at level of 6