Money flowing from Indonesia, Philippines, Thailand into India stocks

We had an under-performance of India compared to other emerging economies until recently. And we have this pool of international liquidity that is driven by asset allocators, so they look at India - they see a relative poor performance and they see some marginal improvement in the macroeconomic environment of India. So money is flowing out of countries like Indonesia, Philippines, Thailand into India.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.