WisdomTree India Earnings Fund
India Announces Tax Reforms to Spark Its Economy
On Friday, India’s Finance Minister announced tax reforms to reignite the country’s economy. Its corporate tax rate fell by 8 percentage points to 22%.
Company & Industry Overviews
Why Boeing Investors Should Have India on Their Radar
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 Are in Green as Other Asian Indexes Are Cautious
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.
Tech & Comm Services
India and Indonesia Indexes Gain as Most Other Asian Indexes Fall
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.
Indian Indexes Post Weekly Loss
Today, India’s Ministry of Commerce and Industry published May’s wholesale price inflation data. The inflation based on the wholesale price index dropped to 2.45% in May from 3.07% in April.
Indian and Indonesian Indexes Stay Steady, but Taiwan Index Falls
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.
India’s Industrial Production Growth Reaches Six-Month High
Today, India’s Ministry of Statistics released its industrial production data for April. Industrial production rose 3.4% in April, the most since October 2018, when it rose 8.4%.
Asian Emerging Markets Follow China’s Lead
Like other Asian indexes, Indian indexes also ended the day in the green today.
Indian Indexes Fell after Reaching Highs, Jakarta Rose
The WisdomTree India Earnings Fund (EPI) gained 0.46%, while the iShares MSCI India ETF (INDA) gained 0.96% on May 30.
What Morgan Stanley Expects from Indian ETFs after Modi Win
Morgan Stanley (MS) expects both the key Indian indexes to rise over the next year.
How Indexes and India-Focused ETFs Reacted to Exit Polls
Even before the official results came out, Indian indexes and India-focused ETFs reacted strongly to exit poll results.
Indian Indexes Fell, Indonesia Was the Best Performer
The NIFTY 50 and the BSE Sensex fell on May 29. The NIFTY 50 fell 0.57% and ended at 11,861.10. The BSE Sensex fell 0.62% and ended at 39,502.05.
Indian Indexes Celebrate Another Term for Modi
The S&P BSE Sensex rose 1.61% on May 24 and closed at 39,435. The NIFTY 50 fell 1.6% and ended the day at 11,844.10.
Indian Indexes Follow Asian Indexes despite Another Term for Modi
While Indian indexes rose during early trading as votes started pouring in to hit record highs, they dropped soon after on global worries.
Why Indian Indexes and ETFs Rose on India’s Exit Poll Results
On Saturday, all the voting phases for India’s 2019 elections ended. That same evening, different media houses and research providers published their exit poll results.
Why You Should Keep an Eye on India’s Election Results Tomorrow
With 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.
Indian Indexes Gain ahead of the Vote Count
Ahead of the day of the vote count on May 23, both the main Indian indexes gained. The S&P BSE Sensex gained 0.36%, while the NIFTY 50 rose 0.25%.
Indian Indexes Retreat as Exit Poll Euphoria Wanes
After skyrocketing on May 20, Indian indexes shed some mass on May 21. The benchmark BSE Sensex dropped 383 points (0.97%).
Why Should You Expect Indian ETFs to Gain Big Today?
After almost six weeks and seven phases, voting for the next government in India ended on May 18.
Indian Indexes Continue to Gain on Mixed Day for Asian Equities
Indian indexes, which are having turbulent times like other world indexes, rose on value-buying opportunities today.