Unable to get decent prices for its state-owned companies, India plans the launch of an ETF...

|By:, SA News Editor

Unable to get decent prices for its state-owned companies, India plans the launch of an ETF which will invest in those firms. Analysts say demand could be stronger as pooling the companies into an ETF lowers the risk of the buy of any individual firm. So deep-pocketed investors weren't interested and now retail is supposed to buy?