INDL - Direxion Daily MSCI India Bull 3x Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
60.16
-5.07 (-7.77%)
At close: 4:00PM EST
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Previous Close65.23
Open60.46
Bid0.00 x 1200
Ask61.50 x 1000
Day's Range59.64 - 61.00
52 Week Range49.35 - 81.62
Volume68,588
Avg. Volume30,290
Net Assets64.07M
NAV65.39
PE Ratio (TTM)N/A
Yield0.73%
YTD Daily Total Return-4.73%
Beta (5Y Monthly)1.09
Expense Ratio (net)1.38%
Inception Date2010-03-11
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    Predicted Modi Win Sends This India ETF Surging

    Votes are still being counted in India, Asia's third-largest economy, but exit polls indicate Prime Minister Narendra Modi cruised to reelection in national elections held over the weekend. Count the Direxion Daily MSCI India Bull 3x Shares (NYSE: INDL) among the big winners in the India ETF arena on Monday. INDL, the marquee name among leveraged India ETFs, surged 12.65 percent on Monday.

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    India Economic Outlook 2019: Opportunities and Challenges to Watch in the New Year

    More investment growth in India could continue to boost the  Direxion Daily MSCI India Bull 3x ETF (INDL) . India’s Central Statistics Office recently lowered its gross domestic product (GDP) estimate to 7 percent from 7.2 for 2019, which represents the lowest GDP growth within the last five years. A lack of growth in agriculture and government consumption have been dragging on the GDP estimate, but according to Money Control contributor Rajani Sinha, one positive sign is more investment growth.

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    INDL ETF Could See Boost Thanks to India Investment Growth

    More investment growth in India could continue to boost the  Direxion Daily MSCI India Bull 3x ETF (INDL) , which rose 9.21 percent on Tuesday and another 2.71 percent during Wednesday's trading session. India's Central Statistics Office recently lowered its gross domestic product (GDP) estimate to 7 percent from 7.2 for 2019, which represents the lowest GDP growth within the last five years. A lack of growth in agriculture and government consumption have been dragging on the GDP estimate, but according to Money Control contributor Rajani Sinha, one positive sign is more investment growth.