Mobius Says India’s Small Caps May Gain More Amid Modi Plans

Updated on
  • ‘India is in a very sweet spot,’ Templeton’s Mobius says
  • Templeton has invested as much as $2 billion in Indian stocks

Mark Mobius.

Photographer: Dhiraj Singh/Bloomberg

A three-year rally for Indian small-cap stocks may extend further on growing signs interest rates are headed down in the world’s fastest-growing economy, Mark Mobius said.

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