‘Budget will positively surprise markets’: Bank of America’s Jayesh Mehta

In an interview with Livemint.com on pre-budget expectations, Jayesh Mehta, Head of Fixed Income at Bank of America Merrill Lynch says that he believes “markets will be positively surprised on the fiscal front in the interim budget.” Mehta however warns that India's ratings can also be impacted if too much importance given to doling out sops in an election year. Watch the full video for more.