Indian markets have been pounded into pulp. There is a panic and jittery in the markets as they are unable to combat the heavy selling pressure.
Adrian Mowat, Chief Asian and EM Equity Strategist at JPMorgan warns that the weakness are likely to continue in emerging markets (EMs) for a while. According to him, global investors are shifting money out of EMs to domestic markets.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
