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Prefer developed markets to emerging markets: Julius Baer's Mark Matthews


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It has been a painful week for the Indian equity markets as indices slipped after the Budget proposals that negatively impacted foreign portfolio investors. Mark Matthews, managing director and head of research for Asia at Julius Baer, tells Puneet Wadhwa that mid- and small-caps appear attractive given their reasonable valuations.

Edited excerpts: How credible do you find the Budget and the Economic Survey math? The government’s revenue estimate is aggressive, considering the currently weak ...


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