Dr. Marc Faber On Indian Stock Market

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Jul 26, 2010
Author and Economist Marc Faber was interviewed to give his comments about the Indian stock market after the markets recent collapsed. While he does not expect the market to continue to fall in such big proportions, Faber believes the crash was natural and "desirable" from a long term perspective and expects the market to fall somewhere between the 12000-14000 range. These comments come as the Indian stock market, or SENSEX, had risen more than 100% in the recent rally so a pullback was due.