Concerns by S&P already priced in; politics is affecting Indian economy: Adrian Mowat
Adrian Mowat, chief Asian and emerging equity strategist, JPMorgan told NDTV Profit that the Indian equities are performing poorly. "Although all BRIC nations have structural issues, politics is affecting the economy here. Concerns by S&P are already priced in the market. However, the emerging markets will grow at the rate of 15 per cent," he said.
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