Indian stocks are “still somewhat overpriced” after the 16 percent decline in the country’s benchmark equity index this year, according to Templeton Asset Management’s Mark Mobius.
The selloff that triggered the worst start for emerging-market stocks in four years is approaching the end as valuations begin to look attractive, Templeton Emerging Markets Group’s Mark Mobius said.
"Even with major economies like Brazil and Russia slowing down, emerging-markets growth in 2015 is expected to be comfortably in excess of that achieved by developed markets."
- Mark Mobius on Dec 29, 2014
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