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We have stopped calling India an emerging market. It has emerged: Vikas Pershad, M&G Investment
Vikas Pershad of M&G Investments suggests that India has emerged as a developed market, with its size, economy, and thousands of listed companies. He advises investors to keep cash levels low, stay invested, and take advantage of the opportunities in the Indian market. As for other FIIs, there is too much fear about how much things have gone up and then too much hope that other markets will deliver better returns.