1. Indian bond yields seen dropping, tracking oil; profit-taking likely

Indian bond yields seen dropping, tracking oil; profit-taking likely

India's benchmark 10-year bond yield seen starting lower versus...

By: | Published: December 16, 2014 10:22 AM

India’s benchmark 10-year bond yield seen starting lower versus Monday’s 7.83 pct close.

Crude prices plunge further after OPEC once again says it will not cut oil output despite fears of a glut.

India’s trade deficit widens to an 18-month high in November.

Traders remain hopeful of an early 2015 rate cut but intermittent profit-taking likely.

10-year seen in a 7.75 to 7.90 pct range this week.

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