The strengthening dollar will affect the emerging market currencies, Brian Jacobsen of Wells Fargo Fund Management said. However, he also believes that India is better insulated as compared to other EMs.
On the back of Donald Trump‘s victory in the US presidential elections, analysts expressed cautious optimism for emerging markets including India. Brian Jacobsen of Wells Fargo Funds said Trump must continue with a conciliatory message for markets to rise. He added that he is cautiously optimistic about emerging markets including India.
The 'Big Day' will certainly have a tremendous amount of impact on Indian market and here is how the market experts analyse the same.
In conversation with CNBC-TV18‘s Latha Venkatesh, Brian Jacobsen, Chief Portfolio Strategist Wells Fargo Funds Management and Ewen Cameron Watt of BlackRock Investments, discuss on their expectations from the Budget.