Brandt said a fall in the Indian market will be a wonderful opportunity to buy.
We still have positions in more mainstream emerging markets and the three main markets are Chile, Indonesia and India.
This is the first DVR to be included in the Sensex. Tata Motors DVR has been part of the benchmark Nifty index since April 2016.
Their rising influence is evident from the kind of insulation they have provided to the market recently, offsetting bulk outflows by foreign portfolio investors (FPIs).
India is steadily moving towards becoming a cashless society, and in this scenario, digital infrastructure is a game changer.
Last week, Pranab Mukherjee approved an ordinance to amend the Banking Regulation Act, giving more powers to the Reserve Bank of India to deal with non-performing assets.
"They have been losing market share to private banks, NBFCs and micro-finance institutions and will continue to lose market share," said Holland.
FIIs trim positions in futures to lowest since Jan-end; experts say that coupled with Nifty at an all-time high is enough reason to be cautious.
Led by a 12% jump in Indiabulls Real Estate, the Nifty Realty index hit a 52-week high before closing 4.2% higher at 265.65 points on Monday.
Many of the stocks had hit their lowest after the noteban have since then recovered.
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