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Emerging Markets Will Be Back In Form In Next 6-12 Months, Ambit Capital Says

The shift in U.S. towards economy from tech augurs well for the rest of the emerging markets, Ambit Capital said.

Men watch the electronic stock ticker at the Bombay Stock Exhange (BSE) in Mumbai, India. (Photographer: Adeel Halim/Bloomberg News)
Men watch the electronic stock ticker at the Bombay Stock Exhange (BSE) in Mumbai, India. (Photographer: Adeel Halim/Bloomberg News)

Ambit Capital expects emerging markets to pick up in the next 6-12 months, its Managing Director and Head of Institutional Equities Pramod Gubbi said.

“The shift in the U.S. towards economy from technology sector augurs well for the rest of the emerging markets since the rest of the world picks up once the U.S. economy does well,” Gubbi told BloombergQuint in an interview.

You can watch the full interview here: