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Madhusudan Kela, a market veteran, discusses the importance of being prepared for market corrections and delinking research from execution. He believes in the long-term potential of the Indian economy and the consensus agreement on the Indian stock market. The budget s significance has diminished over the years, but Kela expects a fabulous quality budget with a focus on fiscal consolidation. He predicts a realistic fiscal deficit of 5.2-5.4% and emphasizes the potential of strategic disinvestment in PSU companies. Kela also highlights the opportunities in infrastructure and PSU banks due to their undervaluation and deposit advantage.

Uttar pradeshMadhusudan kelaMadhu kelaNikunj dalmiaIndian school of businessOffering collegeMarket veteranLeadership excellenceOperations officerProduct officerMight also likeNagarjuna constructionState bankFiscal deficitBudget 2024Interim budget 2024