Banking on the Budget: What markets want?
On NDTV Profit's exclusive show, Banking on the Budget, Manishi Raychaudhuri, MD & Head of Research, BNP Paribas Securities said that the market expects the Budget to bring fiscal discipline. "Expect fiscal deficit to cross 5.5 per cent-5.6 per cent. Markets will keep close watch on fiscal deficit numbers," he said. He further added that markets will react negatively if corporate tax rate is hiked in the Budget.
