'High rates don't always hurt stocks': Legendary fund manager Mark Mobius on taming inflation

Global financial markets are in a state of turmoil, and as central banks across the world try to tame inflation, there is a possibility and danger that some of the global economies will be tipped into recession. Legendary US fund manager Mark Mobius speaks about how this period will affect the stock market. Interest rates might hit 9 per cent, but high rates don't always hurt stocks, Mobius told India Today.