News From Press Market gurus Mobius, Faber bet big on Indian equities

Market gurus Mobius, Faber bet big on Indian equities

Mobius warned against crypto sell-offs; Faber said Asian stocks are in a sweet spot

Mint Mar 19, 2021

As markets around the world rebounded from the covid lows mostly riding on a gush of liquidity, global markets veteran Mark Mobius rang a warning bell for investors. The phenomenal rise in cryptocurrency trade and stock markets are correlated and any sell-off in the new asset may lead to a crash in equities, according to Mobius, founder, Mobius Capital.

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