Franklin Templeton bets on India, says fundamentals intact

The rally of Indian market has not been enough to boost investor confidence. Most experts believe that it is a pure relief rally and lose breathe soon. This, however, has not deterred R Sukumar of Franklin Templeton Investments, who is betting high on India.

July 01, 2011 / 16:21 IST
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The rally of Indian market has not been enough to boost investor confidence. Most experts believe that it is a pure relief rally and will be out of breath soon. This, however, has not deterred R Sukumar of Franklin Templeton Investments, who is betting high on India.

In an interview to CNBC-TV18, Sukumar said that India is one of the better markets in long-term as fundamentals look intact.

He is maintaining hold rating on Bharti Airtel as he is expecting its earnings to expand over the next two to three years. However, on the contrary he feels that the telecom space is under

first published: Jul 1, 2011 09:04 am

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