Below are Views On Budget By Nilesh Shah, Group President & MD, Kotak Mahindra Asset Management Company
"Growth oriented budget will support equity market. Asset Monetization, Strategic Divestment, Auto Scrapge policy are positive for market. Fixed income market will look forward to RBIs monetary policy as the gross borrowing program was little on the higher side. The budget has laid foundation for growth beyond FY 22 through selective protection to domestic industry and encouragement via PLI scheme."
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