Mkts may remain choppy ahead of the Budget: Religare MF

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Vetri Subramaniam, Head of Equity Funds at Religare Mutual Fund believes expectations are very low From the Union Budget. "Typically, one tends to see the flood of comments from the government and in all sorts of media about what the budget might have. This time it has been fairly quiet and if anything a lot of the people seem to have telegraphed that some sort of a roadmap for the withdrawal of the fiscal stimulus will be visible in the budget."

He says, "The market could have treated that negatively but because it has been telegraphed in advance, I think we will get through that perhaps a little bit more easily but I have never seen a budget where the market wasn't volatile and I am not going to bet that it will be any less volatile this time around."