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More bullish on emerging markets now: Mobius after US Fed rate cut
short by Debaroti Adhikary / on Thursday, 19 September, 2024
Veteran investor Mark Mobius said more money is set to enter Asian economies including India after US Federal Reserve slashed interest rates by 50 bps. "Now I am much more bullish on emerging markets," he told CNBC International. Speaking on valuation concerns about Indian stock market, Mobius said, "I am still very bullish on India."
read more at Moneycontrol