Govt Securities To Be Subdued

The government security prices are likely to remain stable with an upward bias. Dealers, however, said the market will remain subdued due to the border tensions. The yield of the 10-year paper is expected between 7.50 per cent and 7.70 per cent. Money market dealers said liquidity would be ample in the market, but sentiment will not be good.

A dealer with a new private sector bank said,