Friday, August 23, 2013

Marc Faber : I have very substantial positioning in India. There are some very good companies in India

 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.

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