India story strong despite weaker currency: Experts
PUBLISHED ON: May 17, 2012 | Duration: 11 min, 10 sec
The rupee fell to a new record low against the dollar on Thursday as local stocks gave up gains. Taimur Baig, Deutsche Bank AG and Ananth Narayan, Standard Chartered Bank share their views on NDTV Profit. Narayan said, "The sentiment in the currency market is weak; however, India's story is strong in the medium term." Baig said that lower inflation will be positive for India.