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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
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.
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.
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,
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.
Emerging Asia: Chinese Indexes Recover, Indian Indexes Shed Gains(Continued from Prior Part)Indian indexesAfter skyrocketing on May 20, Indian indexes shed some mass on May 21. The benchmark BSE Sensex dropped 383 points (0.97%) to end the day at
India stocks soared Monday as exit polls released Sunday after the country's parliamentary elections indicated re-election for Prime Minister Narendra Modi.
Emerging Asia: Chinese Indexes Drop, India Gains on May 20(Continued from Prior Part)Voting ends, exit polls outAfter almost six weeks and seven phases, voting for the next government in India ended on May 18. The exit polls came out on the same
Chinese Indexes Fall while Indian Indexes Rise Today(Continued from Prior Part)Value buying lifts the indexesIndian indexes, which are having turbulent times like other world indexes, rose on value-buying opportunities today. The S&P BSE Sensex