"The feeling of looming crisis that people have is still vague, undefined," said businessman Roland Frobel. "And you see this in their continued willingness to go out and buy. Their readiness to consume is holding up well."
Indian markets have seen mixed performance through the course of this year. Stocks saw a sharp up move in the first quarter, followed by an equally sharp downtrend in the second quarter. Markets have been flat for the past couple of weeks.Shankar Sharma, director & global equity strategist at First Global told NDTV Profit that despite the uncertainty Indian markets are better off than other emerging and developed markets."The stock m...