Monsoon a sentiment dampener, see GDP downgrades: Kotak Sec
10 Aug 09 11:21 AM
Money Control
The dismal monsoon has dampened the sentiment in the market considerably, Shashank Khade of Kotak Securities said, adding that economists would now revise India’s gross domestic product (GDP) forecasts.
Khade added that the lack of rains would impact flows into the economy.