High growth justifies high valuations, says Mark Mobius

Mark Mobius, investment guru and emerging markets fund manager at Franklin Templeton Investments, is positive on Indian markets in the long term. He says the high growth environment in India justifies the high valuations enjoyed by the Indian stocks vis a vis other emerging markets. He spoke to Zee Business on a range of issues including the market trajectory, rate cuts and privatisation.

Read more at Daily News & Analysis

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