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Rohan Saha

FOUNDER - BURN INVES...ย โ€ขย 1m

This year's budget, despite some shortcomings, has been good from certain angles. The government seems to be focusing on private capital expenditure (CAPEX), and the message is clear. There has been income tax relief as well, so the message to boost consumption is also clear. Now, let's see how the market reacts to all this. However, public sector undertakings (PSUs) and the defense sector might face some stress because the government has slightly reduced its own CAPEX this time.

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