Expect rupee to remain between 64.20-64.40: Bhaskar Panda

Bhaskar Panda of HDFC Bank said, “The USD-INR market has been little more volatile than before reflecting global sentiments. I am expecting a higher opening today and a range of 64.20-64.40 for the day.”

He further added, “The 10-year benchmark bond yield has come down from the recent high of 7.60 percent and this is a healthy correction. I expect it to trade in a range of 7.43-7.48 percent for the day.”