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Markets on huge amount of cash unwind, not reaction to Budget: Religare

PUBLISHED ON: February 28, 2013 | Duration: 4 min, 26 sec

  
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Gautam Trivedi, MD and head of equities-India at Religare Capital Markets, discusses the Union Budget 2013 and its impact on markets. "For people to expect him to jumpstart the entire economy is ridiculous," he says, adding that a huge amount of cash unwind post the budget was what caused the markets to fall, not the budget.
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