Budget 2023: Investors should pivot to bond allocation as well as US equity if they can: Maneesh Dangi

“The sentiments of retail is also sour for whatever has happened in the last couple of days and to that extent, India’s local micro setup, which is more to do with flows as well as sentiment, which are a little bit on the downtick and which perhaps is the reason why despite a reasonably strong sort of Budget for all sort of audiences, even bond markets are down 6-7 basis point.”