
Fiscal lapse, weak growth outlook in Budget may trigger further market selloff, says Deepak Ramaraju of Shriram AMC | Stock Market News
Source: Live Mint Expert view: Deepak Ramaraju, Senior Fund Manager at Shriram AMC, believes a populist budget may strain the fiscal deficit and result in further rupee weakness. This will lead to lower rate cuts and delays in economic growth. Moreover, any miss on fiscal prudence or lower growth guidance may trigger a further selloff…