Nifty@50K thesis still holds with all right things in place: Raamdao Agrawal

Considering that it’s an interim budget, there were no major expectations from it. Yet, it had all the right things in place. Most important is the government’s fiscal position. Government borrowing for FY25 is also lower than that for FY24. Both these combined should help keep interest rates in check and prevent crowding out of the private sector.

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