2026-02-02 06:41:05 pm | Source: PR Agency
Quote on Post Budget By Churchil Bhatt, Executive Vice President- Investment, Kotak Mahindra Life Insurance
Below Quote on Post Budget By Churchil Bhatt, Executive Vice President- Investment, Kotak Mahindra Life Insurance
"The FY27 union budget highlighted the government’s commitment towards fiscal consolidation while retaining its push towards capital spending which is expected to grow by 11.5 percent to Rs12.2 tn. Fiscal deficit is pegged at 4.3 percent (against 4.4 percent in FY26). Net market borrowing is expected to finance slightly less than 70 percent of the fiscal deficit. However, Bond markets were anticipating a lower gross borrowing by way of dated securities (17.2 tn as per budget).
As a result, 10-year bond yield may open 4-5 bps higher on Monday. Focus may shift thereafter to RBI policy outcome later in the week."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Global oil prices to stay in $90 to 110 per barrel r...
Piyush Goyal says India?s 'Free Trade Deals' cover n...
Vande Bharat sleeper service between Bengaluru and M...
Buy VIP Industries Ltd for the Target Rs 430 by Moti...
Buy P N Gadgil Jewellers Ltd for the Target Rs 715 b...
Buy Devyani International Ltd for the Target Rs 165 ...
Neutral Alembic Pharma Ltd for the Target Rs.725 by ...
Buy Gland Pharma Ltd for the Target Rs 2,300 by Moti...
Buy Premier Energies Ltd for the Target Rs 1,195 by ...
India-Netherlands cooperation in renewable energy, g...
