Federal Reserve started its rate easing cycle last week.
The benchmark 10-year yield is likely to move between 6.75% and 6.78% on Monday, compared with its previous close of 6.7626%, a trader with a primary dealership said.
«After an eventful last week, which led to rise in volumes as well as volatility, we may be in for some quiet trading sessions for a couple of days, with the next major triggers being the borrowing calendar,» the trader said.
India is likely to announce its borrowing calendar for October-March this week, with a debt sale worth 340 billion rupees ($4.07 billion), the last debt for the first half of the fiscal year, due on Friday.
New Delhi aims to raise 14.01 trillion rupees via sale of bonds this financial year, and would have completed raising 7.40 trillion rupees by end of this quarter.
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder
Stock Trading
Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading
By — Rohit Srivastava, Founder
Stock Trading
Market 103: Mastering Trends with RMI and Techno-Funda Insights
By — Rohit Srivastava, Founder
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
ROC Made Easy: Master Course for ROC Stock Indicator
By — Souradeep Dey, Equity and Commodity Trader, Trainer
Stock Trading
RSI Made Easy: RSI Trading Course
By — Souradeep Dey, Equity and Commodity Trader, Trainer
Stock Trading
Technical Analysis for