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Market experts react to Sitharaman's appointment as Finance Minister

Nirmala Sitharaman has been given the charge of the Finance Ministry, while Amit Shah will handle the Home Ministry

Nirmala Sitharaman
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Swati Verma New Delhi
Putting to rest all speculation, the President of India on Friday released the portfolio details of new Cabinet, a day after Narendra Modi took oath as the country's 16th Prime Minister. 

There were expectations that Amit Shah, a seasoned stock broker and a key architect of NDA's victory for the second consecutive time will be handed over reigns of the Finance Ministry. This is after Arun Jaitley expressed his desire to stay away from any role in the new government citing health reasons. However, Nirmala Sitharaman has been appointed the new Finance Minister, while Amit Shah will handle the Home

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