|Bid||23.55 x 1400|
|Ask||24.50 x 3000|
|Day's Range||23.77 - 23.88|
|52 Week Range||21.66 - 26.77|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.61|
|Expense Ratio (net)||0.85%|
India ETFs may gain in the short term on scrapping of a tax on global funds and RBI's grant of INR 1.76 trillion ($24.4 billion) toward government.
India country-specific exchange traded funds were among the hardest hit Thursday after chief economic adviser Krishnamurthy Subramanian warned that government intervention in the private sector would create a moral hazard, tempering expectations for a stimulus. Among the worst performing non-leveraged ETFs of Thursday, the VanEck Vectors India Small-Cap Index ETF (SCIF) decreased 3.6% and iShares MSCI India ETF (CBOE:INDA) gained 4.3% and WisdomTree India Earnings ETF (EPI) fell 2.8%. Subramanian touched upon the cyclical nature of a market economy and argued against relying on government money to bailout businesses, India Times reports.
When it comes to interest rates, U.S. investors focus on the Federal Reserve, but the Fed is far from the only central bank that has recently trimmed borrowing costs. Plenty of emerging markets central ...
India ETFs have been suffering on a host of reasons despite easy money policy. Will a fresh and fourth quarter rate of the year boost ETFs?
Once a standout in the emerging markets category, Indian country-specific exchange traded funds are beginning to fall behind. Since the May lows, the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO), ...
Boeing and Lockheed Martin are competing for a $15 billion order. Defense spending is expected to increase as India's armed forces modernize.
Indian indexes were the best-performing ones in Asia today. The S&P BSE Sensex gained 0.4% to close at 39,592 while the NSE Nifty 50 gained 0.43% to close at 11,848. Out of the 30 stocks in Sensex, 19 gained, and the remaining lost. With 1.64% gains, HDFC Bank (HDB) was one of the top gainers.
India’s two key indexes, the NSE Nifty 50 and the S&P BSE Sensex, broke their losing streak even as most Asia-Pacific indexes ended in the red. The S&P BSE Sensex gained 0.8%, while the NSE Nifty 50 rose 0.83%. Both the indexes maintained upward momentum throughout the day.
Just like some of the other Asian indexes, Indian indexes closed almost flat today. The S&P BSE Sensex lost four basis points, while the NSE Nifty 50 gained seven basis points.
India’s Industrial Production Rises, Manufacturing SlowsIndia’s industrial productionToday, India’s Ministry of Statistics released its industrial production data for April. Industrial production rose 3.4% in April, the most since October
Chinese Indexes Celebrate Trade Data and Mexico Deal(Continued from Prior Part)Indian indexes gainLike other Asian peers, Indian indexes also ended the day in the green today. The benchmark S&P BSE Sensex gained 169 points, or 0.43%, to end the
The recent reelection of Narendra Modi as India's prime minister has investors renewing their enthusiasm for India, Asia's third-largest economy and they are embracing the iShares MSCI India ETF (CBOE:INDA) as a result. INDA seeks to track the investment results of an index composed of Indian equities. The fund offers exposure to large and mid-sized companies in India, and provides targeted access to the Indian stock market.
Emerging Asia: Indian Indexes Gained in May, Others Fell(Continued from Prior Part)Prime Minister Modi takes oathOn May 30, India’s Prime Minister Modi and his council of ministers took an oath. After the finance minister and external affairs
India adopted a mixed economic system post-independence, and the government remains involved in key industries. Here we take a look at the five largest state-owned publicly traded companies in India by net sales.
Modi Gets Second Term: What It Means for Investors(Continued from Prior Part)Reaction to the exit pollsEven before the official results came out, Indian indexes and India-focused ETFs reacted strongly to exit poll results.Exit poll results were
Emerging Asia: Jakarta and Shanghai Gained, Other Indexes Fell(Continued from Prior Part)Modi to take oath on May 30After last week’s massive election victory, India’s Prime Minister Narendra Modi and his council of ministers are scheduled to
Most Asian Indexes End the Week on a Good Note(Continued from Prior Part)Another term for ModiOn May 23, the results were announced for India’s elections. The incumbent National Democratic Alliance, led by Prime Minister Modi’s Bharatiya Janata
China Readies for 'Long March' as Modi Is Set to Win in India(Continued from Prior Part)Another term for ModiIndia’s general elections are closing today as votes are being counted. The incumbent National Democratic Alliance, led by current Prime
Why You Should Keep an Eye on India’s Election Results Tomorrow(Continued from Prior Part)Exit poll resultsOn Saturday, all the voting phases for India’s 2019 elections ended. That same evening, different media houses and research providers
Why You Should Keep an Eye on India’s Election Results TomorrowIndia’s electionsWith voting conducted in seven phases panning six weeks, India’s (EPI) elections have been a grand affair—to say the least. Tomorrow is the day of the results.
Most APAC Indexes Are in the Green amid the Trade War Escalation(Continued from Prior Part)Indian indexes gainAhead of the day of the vote count on May 23, both the main Indian indexes gained. The S&P BSE Sensex gained 0.36% to close at 39,110,