Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
The Indian market is likely to continue its upward trend for the next 2-3 years. Investors will have to rummage through the overpriced pockets in the market, says Krishna Kumar Karwa, MD & CEO of Emkay.