News: Don't see much value in Indian stocks right now: Marc Faber-10-04-2019
Updated On: April 10, 2019
The largest footprint of the Modi government has been infrastructure spending, which I think is very important. This is one thing the new government must carry out, says Faber
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of “The Gloom, Boom & Doom Report” tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks. Foreign investors, he says, would like to Narendra Modi get re-elected.
Edited excerpts: What is your view on India as an investment destination ahead of the general elections? I think Prime Minister Narendra Modi will be re-elected. Economy-wise, that will be ...
