Date:02/03/2008 URL: http://www.thehindubusinessline.com/2008/03/02/stories/2008030251550700.htm

Back Average budget for stock markets

People had low expectations going into this budget. It’s an average budget from stock-market perspective. It’s in line with last year’s budget except that this year the Finance Minister has tried to fill in a lot of “populist goodies”. The budget is positive for companies in the auto, infrastructure and pharma space and would positively affect corporate bottomlines.

Hemang Jani, Senior Vice President,

Sharekhan Ltd