FOREIGN MONEY INTENDED FOR CHINA FLOWING INTO INDIA
By Nigam Arora & Dr. Natasha Arora
We have previously shared with you in a Morning Capsule that India would be the main beneficiary of China’s crackdown on its tech stocks. Now we see the evidence that it is actually happening – some of the foreign money intended for China is now flowing into India.
Please click here for a chart of India ETF EPI. As the chart shows, technically Indian stocks have broken out to an all-time high.
For very long-term investors, India represents one of the best opportunities. However, at times, Indian stocks can be very volatile. It is important to pay attention to the buy zone and scale in. … Please click here or the title below to read more.
August 4, 2021