Didn’t Expect Such A Downfall: Madhusudan Kela
  • Saba Ashraf
  • Aug 30 2013

Aug 30: Markets have not responded the way we though, with the emerging markets stuck in a bear grip and investors fast losing confidence in India, says Madhusudan Kela, Chief Investment Strategist at Reliance Capital. Most of investors are pushing investments back till after the elections, he says, adding that this toxic combination is leading the rupee lower.