As the political confusion continues with the removal of Railway minister by the coalition, Sangeeta Purushottam, managing director, Nine Rivers Capital, in an interview to CNBC-TV18, said that she was not optimistic about the effect of the course of political events after the Railway Budget on the market.
She said that though the Railway Budget threw a brief ray of hope, the political paralysis that followed diminished the probability that many of the core issues will be addressed in the near-term.
Speaking about the RBI's credit policy, Purushottam said Some good new could be expected in April, though that
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