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Wednesday, June 6, 2018
Benchmark yield ends at 7.83%; traders cautious ahead of RBI decision | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Benchmark yield ends at 7.83%; traders cautious ahead of RBI decision | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Ahead of the Reserve Bank of India's RBI monetary policy announcement on Wednesday, bond market dealers are expectedly cautious, though most of them expect the central bank to hike the repo rates by at least 25 basis points. The repo rate is currently at 6% after the RBI cut the rate by 25 basis points in August, 2017.
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