mark mobius

mark mobius expressed his optimism about India's growth potential, stating that the benchmark Sensex could reach the 1,00,000 milestone in the next five years. He also highlighted India's promising economic growth prospects and the significant role played by a tech-savvy young population.

mark mobius, when asked about his earlier prediction of the Sensex hitting the 1 lakh mark within the next five years, affirmed his stance, saying that the market is still on an upward trajectory despite occasional corrections.

mark mobius spoke about the recent record highs achieved by Indian markets, such as the Sensex surpassing 75,000 points. Mobius was questioned about his earlier prediction of the Sensex hitting the one lakh mark, here's what he had to say:

India, the United States and parts of other emerging markets have seen fund inflows redirected from China as recent regulatory crackdowns in the world's second-biggest economy have spooked markets, according to veteran investor mark mobius.

mark mobius believes the US Justice Department's indictment of Gautam Adani, was probably an overstepping of mandate. He anticipates a decrease in international corporate prosecutions under the Trump administration.

Prime Minister Narendra Modi has emphasized global investor mark mobius' long-term confidence in India's economic growth. Highlighting Mobius' recommendation for global funds to invest 50% in India, Modi underscored the nation's robust market and swift progress.

Emerging markets guru mark mobius, who oversees assets worth about $50 billion for US-based Franklin Templeton, said that he does not have any direct exposure to Indian infrastructure companies.

“India is on a 50-year rally,” even if there are short bouts of bear markets, Mobius said in an interview on Bloomberg Television. “India is maybe where China used to be 10 years ago,” he said, adding the government policies of unifying rules across states will help the country in the long run.

Veteran investor mark mobius suggests India can capitalize on the global supply chain shift from China, but must act swiftly. He urges India to reduce bureaucratic hurdles to attract investment and streamline trade processes.

Veteran investor mark mobius sees strong future growth for India. He expects double-digit returns, around 12-15 percent. Mobius has invested almost 30 percent of his portfolio in India. He believes India's economic reforms and easing investment bottlenecks will drive this growth. He also notes India's potential to outperform China due to favorable market dynamics and supply chain shifts.

The US Federal Reserve's unprecedented bond-buying programme has thrown a lifeline to Asian equities as the dollar's reversal eased concerns over capital flight from the region and fueled risk appetite.

The fundamental character of the Indian economy that’s backed by 140 crore people, offers tremendous opportunities to investors and fund managers.

MSCI will announce its semi annual index rejig on Friday and brokerage house Edelweiss believes that stocks like Zomato, SRF, Tata Power, Mindtree, Godrej Properties, IRCTC, and Mphasis could see the inclusion in the index.

Fear stalked markets on Friday as frightened investors pummelled stocks and the rupee after the government's latest firefighting measures stoked speculation about stricter measures on foreign flows and pushed the country's leading stock market indices to a two-year low.