Jefferies expects limited surprises in the FY27 Union Budget, with the government sticking to fiscal consolidation while focusing on defence-led capex and targeted consumption support. The FY27 fiscal deficit is seen around 4.2% of GDP, though a higher 4.4% could signal a growth push, supporting equities but pressuring bond yields.
Vedanta’s demerged entities to trade by mid-June after split, says CEO
Mining giant Vedanta is set to file for listing approval of its demerged companies next week. Shares of these new entities are anticipated to begin