Not booking any profits now; more money coming in which have to be put to work: Mark Mobius

Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, asserts that global equity markets still have significant potential, with growing interest in US equities benefiting India as investors seek diversification. \r

Despite China's recent recovery, Mobius remains cautious, favoring government-related companies due to increasing state emphasis. He highlights the tech sector, particularly semiconductors, as crucial amid US export restrictions. \r

Regarding India's rally, Mobius sees it as part of the broader global market trend, with interest in equities increasing globally. He attributes the FII exodus to hedge fund activity but underscores India's vast market potential, expecting long-term investment across various sectors.