He said that the measures would change the sentiment of investors, which is important in directing the market.
Finance Minister Nirmala Sitharaman announced a slew of measures on August 23 to boost the economy, but will these measures put the country back on the growth path?
CNBC-TV18 Consulting Editor Udayan Mukherjee feels, while the move will boost the economy, it is not sufficient with respect to growth outlook.However, there is much more that needs to be done to improve the prevailing conditions for the long term. Watch this video, as Mukherjee decodes FM Sitharaman’s stimulus measures.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.