Friday, August 27, 2010

Marc Faber : Growth potential in India higher than China

Marc Faber : Even if the global equity markets including India continue to rebound over the next couple of weeks, I do not think we will be making new highs. It's quite possible that for the current year we have already seen the high made recently. I would be cautious about buying equity including in India. The upside is limited from these levels; the Sensex may make marginal new highs at around 18,000-19,000, but the risk has increased and the days of big moves are over. I think markets will correct.
via www.business-standard.com

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