New Delhi, Jan. 29 -- Ram Medury, founder and CEO of Maxiom Wealth, believes Finance Minister may announce some income tax concessions in her Budget 2025 speech with an aim to spur consumption. The government may increase spending on capital expenditure (capex), with allocation to infrastructure. In an interview with Mint, Medury shared his views on markets, Q3 earnings and also on IPO trends this year.

In our opinion, a key focus area in Budget 2025 would be to continue the growth momentum, which seemingly slowed in Q2.

With no major assembly elections (except Delhi), there is less pressure to take populist measures.

We expect the Finance Minister (FM) to continue increasing spending on capex, with allocation to infrastructure, partic...