May 19, 2011 07:01 PM IST | Source: CNBC-TV18
Fund managers to be cautious on India for now: Eurekahedge
Speaking to CNBC-TV18, Farhan Mumtaz, Hedge Fund Analyst at Eurekahedge, said that the Indian market has been underperforming other emerging markets and most managers who are investing specifically within India have reduced their exposures. And it is possible that they will remain very cautious about the Indian market at least for the short term.
Indian market has been in a volatile mood since the beginning of the year. There have been several concerns over India