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TrackInsight: Indian Large Cap Stocks perform poorly

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09/20/2019 | 10:15am EDT

Thursday, September 19th has been a rough day for the ETFs included in the TrackInsight segment of Indian Large Cap Stocks which suffered from severe losses.

Thursday, September 19th has been a rough day for the ETFs included in the TrackInsight segment of Indian Large Cap Stocks which suffered from severe losses of -1,56%. India is actually in economic trouble with a slower growth rate, and it is weighing heavily on Indian stocks performance, which stands at -5,58% year-to-date. Nevertheless, investors still seem to be confident in this segment, as they created nearly $2,2Bn of new shares of ETFs related to Indian stocks on the primary market in 2019. 43 ETFs tracking 16 indices are composing this segment, and they gather $9,44Bn of assets under management.


© www.trackinsight.com 2019
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