How are you positioned in Indian stock markets?
Marc Faber : I have very substantial positioning in India. There are some very good
companies in India, though the macro economic conditions are not very
favourable. A very desirable and attractive sector is the consumption
sector. The largest weight of India Capital Fund is in banks and
financials, as they are very cheap and inexpensive; however, they are
likely to remain inexpensive for quite some time. - in ET Now
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.