|Bid||37.21 x 1100|
|Ask||37.25 x 4000|
|Day's Range||37.06 - 37.24|
|52 Week Range||31.04 - 39.53|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||5.27%|
|Beta (3Y Monthly)||0.67|
|Expense Ratio (net)||0.94%|
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 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?
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.
India’s two key indexes, the S&P BSE Sensex and NSE Nifty 50, started the week on a negative note. The S&P BSE Sensex dropped 0.18% to end at 39,123. The Nifty 50 closed 0.21% lower. Both the indexes gained during the early trading session but remained choppy thereafter.
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.
Indian Indexes Hit New Highs and Chinese Indexes End in the Red(Continued from Prior Part)Another trade warOn Friday, Trump started a trade war with India after months of deliberations. The Trump administration removed India’s developing nation
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Exit polls indicate a strong win for the incumbent Prime Minister Narendra Modi, and his Bharatiya Janata Party, or BJP. If the polls are right -- and they've often been wrong, sometimes "Dewey Defeats Truman" wrong -- the BJP's coalition, the National Democratic Alliance, should win in a landslide. If the BJP performs particularly well, it may not even need any coalition partners to form a government.
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Aberdeen has strengthened its positions on Singapore, Indonesia and India amid escalating trade tensions between the United States and China. Investors can play these ETFs.
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