Nilesh Shah, MD of Kotak AMC, expects the budget to focus on infrastructure investment, raising revenue, and fiscal prudence. He also believes that the government should attract more foreign institutional investors and simplify the old tax structure. Additionally, he discusses the possibility of freebies and tax sops in the budget and the market’s focus on policy and reforms. The market has already factored in the continuity of government and policies, as seen in the recent up move in the market.
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