“Markets Weighed Down By Sentiment”
  • Saba Ashraf
  • Aug 20 2013

August 20: The measures seem to signal panic and desperation and do not seem to be yielding results. Will they be able to restore confidence levels? Former finance secretary S. Narayan sees tough times ahead as the markets are being driven down by sentiment as much as by facts. “People with capital to spare will go into hibernation,” he adds.