Unrealistic to expect any major boost from the Budget itself: Pratik Gupta

Although, said Gupta, various government initiatives may accelerate economic growth in next 1-2 months and hence change sentiment

As the markets await the government to spell out proposals in the upcoming Budget on Friday, PRATIK GUPTA, managing director and head of equities at Deutsche Bank India tells Puneet Wadhwa that given a likely US Federal Reserve (US Fed) rate cut cycle going forward, he expects inflows to emerging markets – including India – to pick up over the next six months. Edited excerpts:

What are your expectations from the Budget?

Given fiscal target constraints and the delay in transfer of any surplus from the Reserve Bank of India (RBI), it’s unrealistic to expect any major boost from the