The outlook for India's stock market is divided. While some analysts foresee threats due to slowing growth and high valuations, others see strong fundamentals.
Two ETFs VCLT and EPI traded with an outsized volume on Wednesday.
Making its debut on 02/22/2008, smart beta exchange traded fund WisdomTree India Earnings ETF (EPI) provides investors broad exposure to the Asia-Pacific (Emerging) ETFs category of the market.
When it comes to the participants that can really move equity markets, regardless of country, that status is usually reserved for hedge funds, institutional investors and other professionals. Many often overlook the market-moving potential of retail investors.
India's growth story isn't slowing down. Equities still have a lot of upside from here. EPI remains poised for outperformance.
A smart beta exchange traded fund, the WisdomTree India Earnings ETF (EPI) debuted on 02/22/2008, and offers broad exposure to the Asia-Pacific (Emerging) ETFs category of the market.
Following recent national elections, India equities and related ETFs retreated a bit. That's because Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) failed to capture the massive victory some market observers expected.
International economies have returned much lesser than the U.S. market. Still, these country ETFs gained more than 10% in the past three months.
India stocks and related ETFs are already in the midst of a multiyear stretch of being emerging markets leaders. Some market observers believe that candle will continue to burn bright for years to come.
Despite some surprises, India's election has yielded a status quo outcome. Region-leading economic and earnings growth are still on the cards. Fundamentals-based EPI is a prime candidate to ride out any post-election uncertainties.
Asia is, of course, an incredibly vast continent. But most of the Asian companies in which Americans can and should invest are based in either China or India.
Recent election results and the new coalition government created uncertainty in India's political and economic scenario. Take a look into what the new government holds for India's economic outlook.