For the month so far, BSE’s 30-share Sensex is down 5.07%, while China’s Shanghai Composite Index is down 5.5%. Photo: Hemant Mishra/MintMumbai: India is no longer the top pick among emerging markets (EM), as fund managers wait for an earnings recovery and peer markets turn attractive. “A year ago, India was the market with least hassles in its path, but now, other emerging markets look better off in comparison,” he added. Ltd, Brazil is the top pick among emerging markets, as he is very bullish on commodities, while India was the least preferred market among BRIC peers. For some, India still was one of the top bets in emerging markets; however, even they see 2018 as a flattish year.
Source: Mint February 25, 2018 18:56 UTC