The emerging markets are probably not going to do well in the close term attributable to a more grounded dollar and ascend in US security yields, says Vibhav, Director of IL&FS. He sees tremendous measures of cash streaming again from the EMs to the US. Vibhav says demonetisation or not, the Indian market will undoubtedly endure because of this in the close term. Clever, he says, is certain to break the Brexit day low purpose of 7,927 focuses.
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