Steve Higgins Steve Higgins has been a journalist for more than 25 years and has extensive experience covering business, the economy and personal finance. He spent 12 years as a business reporter for daily newspapers in Arizona, Florida, Georgia, and Connecticut, followed by 12 years as an editor, most recently as business editor of the New Haven Register in Connecticut. read more ...
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India's Stock Market Has Entered Bull Market Territory As Emerging Economies Rebound |
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Monday, February 27, 2012 13:50
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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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