The Indian market is big and liquid, there is not reason for money to move out of India, Mark Matthews, Bank Julius Baer and Co says. He expects the Indian market to do well over the next 12 months.
Presidential elections in the US is a key issue and is the number one concern for equity markets across the globe, says Mark Matthews, Bank Julius Baer and Co. This and a possible US Federal Reserve rate hike are two issues that have also concerned Foreign Institutional Investors FIIs, leading to sell-offs in India.
