Investors attribute some of the growth in Indian stocks, that saw Bombay's benchmark BSE index rise nearly a third in 2014, to the election of a pro-business government in May, under Prime Minister Narendra Modi.
'We want to make sure we stay in India and we have very high hopes from India,' says Mark Mobius.
Sensex eneded lower on poor perfromance by financials and IT stocks.
The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies