 "Budget impact on stocks; Infosys Q1 results eyed")
Union Budget 2014 tabled by finance minister on Thursday laid emphasis on reviving structural problems of the ailing economy. Arun Jaitley added fiscal prudence will lead to fiscal consolidation and aimed at a sustained growth of 7-8% in next three-four years.
The fiscal deficit for the current financial year (2014-15) was seen at 4.1% of GDP and 3.6% for the next financial year (2015-16) and further lower at 3% in FY17.
Infosys' first-quarter results announcement will be keenly watched by technology industry observers.
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