According To A Seasoned American Investor, India's Stock Market Will Continue To Increase For The Next 50 Years.
Key Sentence:
- Veteran American investor Mark Mobius claims that the Indian stock market will rebound for another 50 years.
- He has invested 50 percent of his funds for emerging countries in the stock markets of India and Taiwan.
Mark has favored the stock markets of India and Taiwan in the wake of the stock market crash in China. In a media interview, Mark said that the Indian stock market would see a boom for 50 years, although the recession will continue for some time. He said that today, where China was ten years ago, India might be standing today.
Contrary to Mark Mobius' beliefs, Morgan Stanley and Nomura Holdings have downgraded India's stock market rating. Mark Mobius is the founder of Mobius Capital Partners.
Source from Gujaratsamachar