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Last Updated : Sep 19, 2019 01:53 PM IST | Source: Moneycontrol.com

In Focus with Udayan Mukherjee | How are govt's Friday announcements impacting market?

While the Friday announcements are a disservice to the market, CNBC-TV18 Consulting Editor Udayan Mukherjee is of the view that instead of a rally, the government’s announcements would have diminishing marginal utility.

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Finance Minister Nirmala Sitharaman has been making a series of announcements every Friday since August 23, to boost the economy. A slowdown that is gradually taking a toll on the non-banking finance (NBFC) sector, autos, and steel industry, is also equally impacting the job market in the country.

While the Friday announcements are a disservice to the market, CNBC-TV18 Consulting Editor Udayan Mukherjee is of the view that instead of a rally, these announcements would have a diminishing marginal utility.

Watch the video to find out how the government's measures will impact the market and, in turn, your investments.

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First Published on Sep 9, 2019 07:28 am
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