New Delhi, Dec. 16 -- Outside the US, Stephen Dover, chief market strategist at Franklin Templeton, is positive about Japan and emerging markets, including India.

Dover, who is also head of the Franklin Templeton Institute, highlighted that a trade deal between India and the US would further strengthen his case for diversifying into India. He explained that any clarification on the deal is likely to be positive for the markets, unless it's severely negative, which he doesn't expect. More importantly, he noted that it is in the long-term strategic interest of both countries to remain close partners.

"It's unfortunate that there are some bumps in the relationship, but hopefully and likely that relationship will get back on track," he adde...