Budget in line with the government’s intention of making India third largest economy in 5 years: Vijay Kedia

Vijay Kedia, MD, Kedia Securities, says the budget and the stock market are in sync. The FM has named all those sectors which are moving in the market. It is in line with the government’s intention of making India the third largest economy in the next five years.

Let us get a comment from you.
Vijay Kedia: I think the budget and the stock market are very much in sync. The FM has named all those sectors which are actually moving in the market. We should understand that and it is in line with the government’s intention of making India the third largest economy in the next five years.

You should be happy that tourism got a special mention with your IndiGo pick?
Vijay Kedia: No, no, I will not add more. I would not like to increase my costing and so I am happy with whatever is the outcome of the budget. I am happy about it.


Have you got any new ideas from the finance minister today?
Vijay Kedia: No, nothing, there is no new idea because I was not expecting any new idea to come also. So all season mantra is one only; that soch kar samajh kar invest kar, rumour pe, tip pe na time waste kar, knowledge or patience ka business hai yeh, long term ki soch or rest kar (Invest after properly understanding everything. Don’t go by tips or rumours. Investing is all about knowledge and patience, think long term)