Investors selling in panic, recovery imminent: Bimal Jalan
PUBLISHED ON: August 5, 2011 | Duration: 8 min, 26 sec
Former Reserve Bank of India governor Bimal Jalan, says there is no fundamental reason for such a dramatic fall in Indian equities. He believes it is just panic selling and will correct soon as India is not exports dependent. He adds cooling oil prices will be a positive for markets.