। ॥ ४३ ॥
In plain words
Seeing his own disciple speak this way — burned by the wildfire of this world, come to him for shelter — the great teacher looks at him with eyes wet with compassion, and at once gives him courage.
Close to the Sanskrit
Having looked, with a glance moistened by compassion, upon his own [disciple] speaking thus, who had come for refuge, scorched by the heat of the forest-fire of worldly existence, the great soul [teacher] would at once give [him] fearlessness.