If central banks ended their easy money policies it would have no effect on emerging markets - unless the banks reduced the amount of money in circulation, Mark Mobius told CNBC`s Squawk Box Wednesday.
The first half of 2012 is likely to remain lacklustre for equities across the world, believes Mark Mobius of Templeton Emerging Markets Group.
Upbeat economic news from the United States and a stronger euro-zone bailout fund lifted investor sentiment on Thursday, supporting most stock indexes and the euro.
Emerging market guru Mark Mobius of Templeton Emerging Markets says, "Inflation is tackled by high productivity and the way you get higher productivity is by having a more efficient administration."
Indian market is succumbing to pressures by heavy profit booking, disappointing February IIP data and high crude price. However, Mark Mobius of Templeton Emerging Markets Group sees ray of hope in this market.