
Y0G #savesoil 🇮🇳
5.6K posts









Market is reacting badly to the budget. And, rightly so. - STT on options & futures up. - Nothing much in it for stock investors. - We are going the more conservative way (pushing bond market, banking reforms). - Prioritizing: fiscal responsibility over growth (investors don't love this) - Capital will be freed from speculation. And likely to be fed into the real economy via lending (hence, Banking reforms focus) - Clear move from "financialization" of our economy to real capital flow into the economy via lending; especially in MSME. Honestly, this is not bad. For FIIs: nothing much. For investors nothing much. Overall good for the economy. Negative for investors in the mid-term. People don't easy get this point. An economy could be strengthened. But, economy could give negative returns. Example: China. Will economy really improve? Remains to be seen. Corruption, crony capitalists etc are major issues. A budget cannot address this. Short-term message is: If you wish to make money from stock investing, look elsewhere.












