Foreign inflows have picked up post election. Index-related catalysts could drive even more inflows from here. Large-cap focused INDA is well-placed to capture the upside.
India's election season may be over, but equities are not short of tailwinds. The overall macro/micro setup also remains as compelling as ever. Even at a slightly higher valuation, it's difficult to look past iShares MSCI India ETF.
Indian stocks nosedived 6% when election results earlier this month showed the ruling Bharatiya Janata Party needed to govern with a coalition.
Shares of a popular exchange-traded fund that buys stocks in India sank Tuesday, after Prime Minister Narendra Modi's claimed an election victory with surprisingly less support than expected.
India's Prime Minister Modi will hold on to his perch of the ruling coalition but his power may be watered down in an election twist, spooking investors who have enjoyed his stable hand for a decade.
Exit polls forecast a landslide win and third consecutive term for Prime Minister Narendra Modi in India's general elections.
Shares of an exchange-traded fund focused on stocks in India were climbing sharply Monday as investors await results from the country's general election, amid expectations that Prime Minister Narendra Modi will remain in power.