Financials, industrial and consumer discretionary remains on high radar for Templeton Asset Management. However, the AMC is underweight on consumer staples and IT stocks.
With the ongoing confusion in the markets to find a space to save assets, investors may comeback to the emerging markets, says Mark Mobius, managing director of Templeton Asset Management.
What's turned the mood around for India? In an interview with CNBC-TV18’s Udayan Mukherjee, Mark Mobius, executive chairman, Templeton Asset Management says, people have realised that they have got to be in India.
India's valuations have come to reasonable levels post the correction and we are currently buyers of Indian stocks. Many mid & small cap stocks have turned very attractive, says Mark Mobius of Templeton Asset Management.