Saturday, August 24, 2013
Marc Faber Outlook on Indian Equities
What is your outlook on Indian equities?
Marc Faber : The rupee is down nearly 50% in the last three years. Stock markets are down only 12% to 15% from their peak in rupee terms. Thus, in dollar terms, India is in a bear market as it has fallen nearly 60%. But I don't think the Indian stock markets will fall to that extent in rupee terms. - in ET Now
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.