Mark Mobius highlighted that domestic investors lead the Indian market, despite challenges for foreign investments due to bureaucracy and tax issues. He expressed confidence in India’s potential, particularly in large-cap stocks and hardware sectors. He also advised investing in companies with strong balance sheets and keeping cash reserves for market corrections.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a