In an interview to CNBC-TV18, Sameer Goel of Deutsche Bank says the environment for EMs continues to be challenging and dedicated debt funds that invests in EMs will continue to see redemption pressures, though at a lower scale and pace.
Global flows are driving the Indian markets right now , says Dharmesh Mehta, MD-Institutional Equities, Axis Capital. Talking to CNBC-TV18, he says people are bearish on commodities globally which is good news for India, with both inflation and interest rates coming down.
In an interview to CNBC-TV18, Suri pointed out that the Nifty may slip to 4200 levels. He sees support of Nifty at 4050-4100 and subsequently at around 4650. However, Suri feels that 5200 is a key level to watch out for.
Cameron Brandt global markets analyst at EPFR Global told CNBC-TV18 that the data released by them recently showed that for the first time this year, emerging markets equity funds did better than their developed markets counterparts.