Sunil Singhania, Founder, Abakkus Asset Manager

The government has leeway to boost market sentiment by tinkering with personal taxation in the Budget. This will lead to higher income in the hands of consumers. It can also slash long-term capital gains tax. On the policy side, it can increase planned expenditure on infrastructure. This may lead to a slight increase in fiscal deficit but the market has already discounted for slippage of the target. Even if there is temporary slippage to boost the economy, there won’t be an ad