Saturday, September 11, 2010

Marc Faber on The Indian market

Marc Faber :" I think that in general if someone has no money in India, I would over a time stimulate Indian shares. As I mentioned to you I think the market technically doesn’t look good. We may go down first before we rally further, if at all, maybe we don’t even rally as I said maybe we are in a trading range in India between 13,000 and 19,000. But if I had too much exposure in Indian shares I would definitely reduce the position."

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