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Warren Buffett indicator shows caution for Indian markets; Mcap/GDP nears 100

Warren Buffett described the Mcap/GDP ratio as the single best measure of where valuations stand at any given moment.
S&P negative on India: Marc Faber sees further downgrades

Standard and Poor's (S&P) lowered India's rating outlook to negative. Marc Faber of Market Guru thinks further downgrades will occur.

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