Moneycontrol
Mar 17, 2012 10:32 AM IST | Source: CNBC-TV18

Budget 2012: No big ideas, non-event for the market, says Udayan

CNBC-TV18's managing editor Udayan Mukherjee says, the Budget has no big ideas and is not a reformist Budget. “It is a non-event for the market,” he adds.


The Finance Minister Pranab Mukherjee presented the Budget 2012 in the Parliament today. The market is flat and the bond market has gone up to 8.4% plus the yield.

CNBC-TV18's managing editor Udayan Mukherjee says, the Budget has no big ideas and is not a reformist Budget.

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