Commenting on markets, Sanjay Lodha, Senior Investment Advisor of Pictet Asia Private Banking states that Pictet Asia is bullish on infrastructure, FMCG and banking.
India country funds saw an outflow of $700 million
The FTSE 100 is up by about 2 per cent since the start of 2015, although the index is down 6 per cent from a record high of 7,122.74 points reached in April.
Europe's discordant leaders snatched a deal on Monday that might just avert Greece's euro exit, but global investors' faith in the durability of the single currency has been tested yet again.