In an interview with CNBC-TV18, Rashesh Shah, President of FICCI, Hiren Ved, Director & CIO of Alchemy Capital Management and S Naren, ED & CIO of ICICI Prudential AMC shared their expectations from Union Budget 2018.
Shah said that the investors won’t be concerned if the government does slip on fiscal deficit a bit.
He further said that we hope economic structure will not go out of whack.
India Union Budget 2018-19 Live: News, updates and highlights from FM Arun Jaitley's Budget 2018 speech, announcements.
According to him, political Budget does not mean populist Budget.
Economy has been picking up sharply post October, he added.
Ved said that the market is moving from PE re-rating story to an earnings growth story.Watch accompanying videos for more details…