India's Stock Market Has Entered Bull Market Territory As Emerging Economies Rebound

Monday, February 27, 2012 08:50
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India's Stock Market Has Entered Bull Market Territory As Emerging Economies Rebound

Tags: emerging markets | ETFs

China and Brazil have been getting most of the publicity of late, but investors can look toward India for some major momentum.

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India’s stock market has soared 20% since December, as concern over inflation eases and domestic spending rises.

 


Since 1986, the average bull market in India gained 111%, and the average duration of a bull market was 394 days, according to ETF Trends. The country has seen average annual economic growth of 9% over the past 10 years.


Major ETFs that focus on India include iShares S&P Nifty Fifty Index Fund (INDY), PowerShares India (PIN), WisdomTree India Earnings (EPI), and India Small-Cap Index ETF (SCIF).

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