It's a big day for Finance Minister Pranab Mukherjee as he announces the Union Budget for financial year 2011-12. But, according to Arvind Sanger of Geosphere Capital, the big question for the market is the movement of crude and not the Budget. He is not expecting much from it. "In fact, FII outflows could take Nifty lower than 5000," he says.
Some clarity on GST needed in FY12 budget, Sanger adds. Below is a verbatim transcript of Arvind SangerDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
