Sakthi Siva, Credit Suisse said that, "We are overweight on countries such as Korea, Taiwan, China and Indonesia where monthly inflation is either flat or negative. We are less keen on countries where inflation remains stubbornly high. This includes Brazil, Turkey and particularly India and hence despite its less stretched valuations, we are not keen on India."
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!
