INFORMIST POLL

Yield on 10-year gilt seen steady at 7.41% July-end

Caution before the RBI's policy meeting in August may see the yield on the 10-year benchmark government bond settle around current levels at the end of this month. The yield on the 10-year benchmark bond is seen at 7.41% end-July, against 7.45% last month.

Gujarat Gas sales may crash as Morbi units plan a break

Gujarat Gas may see a massive fall in natural gas sales volumes in August as ceramic tile-making units of Morbi will go on a month-long production holiday, sources in the state government say.

Fall in exports of steel pdts under duty hike to hit cos

Exports of select steel products covered under recent tariff hikes fell by 39% to 749,000 tn in May. If the trend continues, the earnings of steelmakers may be hit this financial year.

EXCLUSIVE
FADA sees 2-wheeler sales at pre-pandemic levels FY24

The Federation of Automobile Dealers Association expects retail sales of two-wheelers to hit pre-pandemic levels only by the next financial year, the industry body's president, Vinkesh Gulati, tells Informist.

INFORMIST POLL
Rupee seen 79/$1 Jul-end; govt, RBI to stay on guard

Foreign fund outflows from the equity market and the country's widening current account deficit may keep the rupee volatile this month. The currency is seen at 79.00 a dollar at the end of July, little changed from 78.9675 a dollar on Jun 30, according to a poll.

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