Indian rupee and U.S. dollar banknotes (Photographer: Dhiraj Singh/Bloomberg)
India is in a better position than emerging-market peers to handle a possible taper tantrum, according to JPMorgan's Sanjay Mookim. And while a liquidity pullback remains a risk, he doesn't anticipate aggressive tightening. From a currency perspective, the Reserve Bank of India's significant dollar buffer has made the rupee more defensible, the head of equity research at JPMorgan said in an interview with BloombergQuint's Niraj Shah....