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TrackInsight: Rally continues for Indian stocks

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10/21/2019 | 10:00am EST

Indian stocks indices and their related ETFs continue their recovery with a sixth day in a row of positive return.

Indian stocks indices and their related ETFs continue their recovery with a sixth day in a row of positive return. The TrackInsight segment, which gathers 43 ETFs exposed to Indian large cap stocks indices, gained on average 1,36% on Friday, October 18th. Thanks to this rally started on the 11th of October, the segment increased by 5,59% which bring the 1-month cumulated performance to +8,02%. During the last 30-days, investors tended to inject new assets in the ETFs of this segment as shown by the net cumulated inflows of $ 50 M from the primary market. This segment represents more than $ 10 Bn of assets under management.


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