The budget is likely to maintain its fiscal consolidation and borrowing targets, as per the announcement made in the Interim budget in February. We expect continuation on the policy front and the messaging to be consistent with previous budgets.
Market Wrap: Consumer stocks drag D-Street lower; Sensex sheds 312 pts, Nifty below 23,700
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors