|Bid||35.00 x 1100|
|Ask||39.33 x 900|
|Day's Range||39.13 - 39.33|
|52 Week Range||33.61 - 39.53|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.05%|
|Beta (5Y Monthly)||0.63|
|Expense Ratio (net)||0.94%|
Gold ETFs may see some uptrend on decent Indian buying on Diwali. Though demand may fall year over year on higher prices, festivities could perk up near-term demand.
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.
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