Govt agenda to drive Indian mkt, neutral on EMs: Hoguet

George Hoguet of State Street Global says the new Indian government needs to focus on structural reforms.

George Hoguet of State Street Global in an interview to CNBC-TV18 said there is scope for Indian market to move up although they will be mainly driven by the new government's agenda.

The government he said needs to focus on structural reforms.

Moreover, the house is neutral on emerging markets and continues to favour developed markets. Among the developed market, the US market is approaching fair value now, he said.

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