|Bid||47.100 x 100|
|Ask||47.150 x 600|
|Day's Range||47.010 - 47.244|
|52 Week Range||31.670 - 48.670|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.80%|
India's central bank kept interest rates on hold, and may be stuck on hold for the next six months as it waits to see if if inflation slows and the growth pause is temporary. Exchange-traded funds invested in India moved higher Wednesday on the news. India's economy is expanding, but the rate of growth could shrink to 6.7% in the current fiscal year, from 7.3%.
India stocks took a hit as the country's Finance Minister Arun Jaitley said India needed more private investment from local companies at the Bloomberg Economic Forum in Mumbai. The VanEck Vectors India Small-Cap Index ETF (SCIF) and the iShares MSCI India Small Cap ETF (SMIN) fell about 3% apiece, ranking among the worst-performing ETFs on Friday. Bloomberg's Anirban Nag reports: "How do you maintain the balancing act between continuing to spend in an economy, continue to maintain your banks and support them, and how do you maintain standard of fiscal prudence?" Jaitley said.
The Reserve Bank of India has been shoring up dwindling foreign currency reserves, and that is likely to continue to offset investors' dwindling interest in richly-priced equities as other assets get more ...
Indian Prime Minister Narendra Modi shook up his cabinet with appointments designed to improve the economy. Among the changes: Nirmala Sitharaman moves from trade minister to defense minister, a job previously ...
India's securities regulator sent investors scurrying this week after it asked stock exchanges to crack down on 331 shell companies that may be tied to tax evasion or fraud. The iShares MSCI India exchange-traded fund (INDA) tumbled nearly 5% this week, and smallcaps were down more still before recovering Friday as some companies got a reprieve. The iShares MSCI India Small Cap ETF (SMIN) fell 6.4% this week.
Fund flows in the week ending Aug. 9 show another week of inflows, and despite fear about a North Korean missile attack in the Pacific, China equity funds recorded their biggest inflow since late 2Q16 ...
India's stock market keeps taking hits with the S&P BSE Sensex Index notching a 0.84% fall and logging its fourth consecutive day of declines. Investors may want to go with India's bonds and currency. ...
Investors have been bullish on India equities, debt and the rupee this year, and there's still reason to be bullish on some bonds and the currency, Merrill Lynch says. The iShares MSCI India exchange-traded fund (INDA) is up more than 26% this year and the WisdomTree India Earnings Fund (EPI) is up more than 30%. The iShares MSCI India Small Cap ETF (SMIN), up 38% this year, is down 2.5% this month.
After notching some of the biggest gains in the Asia region year-to-date, India stocks for the third consecutive day. The S&P BSE Sensex Index fell 0.68% to 31797.84 on Wednesday with financial and health ...
They say the best perfumes come in the smallest bottles. Perhaps that holds true in ETFs, too—at least when it comes to short-term performance. Investors poured more than $200 billion into U.S.-listed ETFs in the first five months of the year, bringing total U.S. ETF assets to almost $3 trillion. The most popular fund this year, the iShares Core S&P 500 ETF (IVV), attracted some $14 billion in net inflows.
Small caps led the way ahead midday Thursday, while the major averages took smaller steps up. The Russell 2000 popped 0.7%.
The Zacks Analyst Blog Highlights: iShares MSCI ACWI ETF, iShares MSCI India Small-Cap ETF, PowerShares Dynamic Semiconductors Fund, PowerShares QQQ and iShares Russell 1000 Growth ETF
A few ETFs and stocks surged to fresh highs in recent session and could be compelling choices for investors seeking to ride out the current trends.
Emerging markets are back in vogue. ETFs targeting the segment are up significantly more than their developed-market counterparts this year after underperforming the past four years.