Market close to hitting the bottom: Jyoti Vaswani, Future Generali

What could be the next positive trigger for the stock market?

Jyoti Vaswani: The government has been doing a lot over the past two years and that will begin to show in the next six months. The Budget may or may not be the biggest trigger. The government has been trying to do a lot on agriculture. If the contribution of agriculture goes up, it will give a boost to the GDP.

Have the markets hit the bottom in the current round of fall?

Jyoti Vaswani: I’d say we are close to the bottom. We are at a stage of panic.

What role does monetary policy play in stimulating growth?

Jyoti Vaswani: Monetary policies are beginning to have a lesser role in stimulating growth if you see Japan or the US. We need more efforts from the government on the fiscal side because there is a lot of leverage and the debt level is high.