Ramesh Damani recalls late Rakesh Jhunjhunwala's advice as markets bleed due to war

As stock markets are bleeding due to Middle East war, investor and BSE member Ramesh Damani recalled late Rakesh Jhunjhunwala's advice at a recent event. "Something I learned from him was to be bullish on India...He always taught me to be bullish on India and not be cynical," Damani said. Damani revealed oil isn't the only reason for falling markets.