🧵 1. Emerging markets investor Mark Mobius remains bullish on India despite the upcoming election results, stating the country's growth trajectory is set to continue. #politics
🧵 1. Emerging markets investor Mark Mobius remains bullish on India despite the upcoming election results, stating the country's growth trajectory is set to continue. #politics
🧵 2. India's election outcome set to be announced next week, with PM Modi likely to secure a third term. Market uncertainty prevails amidst the election buzz.
🧵 3. The Indian economy showed strong growth in the last quarter, exceeding expectations. The country aims to become the world's third-largest economy by 2027.
🧵 4. Foreign investors cautious ahead of election results but remain optimistic about India's solid economic fundamentals, regardless of the political outcome.
🧵 5. S&P upgrades India's outlook to "positive" on the back of robust economic growth, predicting continued momentum over the next few years irrespective of election results.
🧵 Read more at: https://www.cnbc.com/2024/05/31/mark-mobius-says-hell-still-be-bullish-on-india-no-matter-the-election-results.html