andyn

India Unraveling: Stay Short Emerging Markets

India is actually better than China and Russia since its such a domestic oriented economy, unlike the others.

Yes, sectors which depend on exports will suffer along with the rest due to the global slowdown.

But I think companies such as the banks (HDB, IBN) and construction firms will benefit hugely due to the lowered inflation and resultant interest rates.

Good time to buy into the Indian market now and ride the other side of the hill.