Is INDA a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

53 people get INDA articles and Market Currents by email alert.

Get email alerts on INDA »

HEADLINES:

Are Investors Under-Allocated To India?
Jeremy Schwartz • Thu, May 9 • 4 Comments
IEMG Versus EEM: Beating Big Brother
Thomas Furda • Tue, May 7 • 3 Comments
Indian Milk Helps Quench Thirst For Emerging-Market Growth
AllianceBernstein • Wed, Apr 24 • 3 Comments
India Is Not Looking Promising
Hale Stewart • Fri, Apr 5 • 6 Comments
2013 Country Stock Market Returns: Local Currency Vs. Dollar Adjusted
Bespoke Investment Group • Wed, Mar 13
India ETFs: A Critical Year
Thomas Furda • Tue, Mar 12 • 1 Comment
India's Economy: Stamina Is The Name Of The Game
iMFdirect • Thu, Feb 21 • 11 Comments
Capital Flows: Too Much Of A Good Thing?
QFinance • Tue, Feb 5 • 1 Comment
Buying The Indian Market On The Cheap
Stocks & Shares • Wed, Dec 12, 2012 • 8 Comments
Is It Time To Invest In India?
Macro Investor • Tue, Dec 11, 2012 • 7 Comments
India Reforms Are Positive For Stocks: 4 ETFs, 2 CEFs And A Mutual Fund To Consider
Morningstar • Sat, Dec 8, 2012
Mitsui Precious Metals' Jollie: Gold Will Average $1920 In 2013
Hard Assets Investor • Thu, Nov 29, 2012
Reforms Push Makes Indian Equities Attractive
Economics Fanatic • Tue, Oct 2, 2012 • 4 Comments
4 Reasons We're Upgrading India
Russ Koesterich • Wed, Sep 19, 2012 • 1 Comment
5 Favorite 'Unloved' ETFs That Have Launched In The Past Year
Morningstar • Mon, Aug 20, 2012 • 1 Comment
India Can Revive Investment By Learning From Itself
iMFdirect • Thu, Jun 7, 2012 • 1 Comment
India ETFs: Not So Bad, Not So Good
Christian Magoon • Mon, Jun 4, 2012 • 1 Comment
India ETFs Pop On Government Reforms
Christian Magoon • Wed, May 30, 2012 • 2 Comments
Emerging Market ETFs: Surprising Standouts In A Hectic Month
Michael Johnston • Tue, May 29, 2012
Could Infosys Really Be Deeply Undervalued?
Emerging Money • Wed, Apr 18, 2012

To learn more about Seeking Alpha Pro, click here.

Another India ETF Launched By iShares
Michael Johnston • Mon, Feb 6, 2012
New India ETF Enters White Hot Market
Christian Magoon • Mon, Feb 6, 2012 • 3 Comments

Are Investors Under-Allocated To India?
Jeremy Schwartz • Thu, May 9 • 4 Comments
IEMG Versus EEM: Beating Big Brother
Thomas Furda • Tue, May 7 • 3 Comments
Indian Milk Helps Quench Thirst For Emerging-Market Growth
AllianceBernstein • Wed, Apr 24 • 3 Comments
India Is Not Looking Promising
Hale Stewart • Fri, Apr 5 • 6 Comments
2013 Country Stock Market Returns: Local Currency Vs. Dollar Adjusted
Bespoke Investment Group • Wed, Mar 13
India ETFs: A Critical Year
Thomas Furda • Tue, Mar 12 • 1 Comment
India's Economy: Stamina Is The Name Of The Game
iMFdirect • Thu, Feb 21 • 11 Comments
Capital Flows: Too Much Of A Good Thing?
QFinance • Tue, Feb 5 • 1 Comment
Buying The Indian Market On The Cheap
Stocks & Shares • Wed, Dec 12, 2012 • 8 Comments
Is It Time To Invest In India?
Macro Investor • Tue, Dec 11, 2012 • 7 Comments
India Reforms Are Positive For Stocks: 4 ETFs, 2 CEFs And A Mutual Fund To Consider
Morningstar • Sat, Dec 8, 2012
Mitsui Precious Metals' Jollie: Gold Will Average $1920 In 2013
Hard Assets Investor • Thu, Nov 29, 2012
Reforms Push Makes Indian Equities Attractive
Economics Fanatic • Tue, Oct 2, 2012 • 4 Comments
4 Reasons We're Upgrading India
Russ Koesterich • Wed, Sep 19, 2012 • 1 Comment
5 Favorite 'Unloved' ETFs That Have Launched In The Past Year
Morningstar • Mon, Aug 20, 2012 • 1 Comment
India Can Revive Investment By Learning From Itself
iMFdirect • Thu, Jun 7, 2012 • 1 Comment
India ETFs: Not So Bad, Not So Good
Christian Magoon • Mon, Jun 4, 2012 • 1 Comment
India ETFs Pop On Government Reforms
Christian Magoon • Wed, May 30, 2012 • 2 Comments
Emerging Market ETFs: Surprising Standouts In A Hectic Month
Michael Johnston • Tue, May 29, 2012
Could Infosys Really Be Deeply Undervalued?
Emerging Money • Wed, Apr 18, 2012

There are no Transcripts on INDA.

There are no News articles on INDA.

INDA vs. ETF Alternatives

INDA Description

The iShares MSCI India Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI India Index.
See more details on sponsor's website

Country: India

Key Info

In Your Portfolio: A Guide to International Equity ETFs
Asset Class Performance: Countries

All
| Earnings
| Dividends
| M&A
| On the move

Wednesday, May 15, 9:55 AM Indian equities (EPI +1.9%) surge, sending the Sensex up 2.5%. Triggering the rally were comments from the country's central bank that subdued inflation would be taken into consideration, fueling speculation that further rate cuts (there have been three YTD, totaling 75 basis points) are on the horizon. Inflation fell below 5% in April from 5.96% in March. Comment! [Global & FX, On the Move]
Tuesday, April 30, 3:28 AM Investor sentiment towards India is improving, Citi says after meeting with over 40 institutional investors. Key drivers cited were a comfortable current-account deficit, declining inflation, and fiscal health. India is among the few large markets that would welcome equity market inflows; if the currency holds and the macro stabilizes, inflows could accelerate. (ETFs: INDY, EPI, PIN, INP, INDA, INXX, SCIF, SCIN, INDL, SMIN, ICN, INR) Comment! [Quick Ideas, Global & FX]
Tuesday, April 16, 8:48 AM Goldman Sachs (GS) is chosen by India as the asset manager for an ETF made up of state-owned companies. The fund is part of an effort by the government to raise up to $7.4B by selling stakes in state firms. The ETF is likely to be launched in the next couple of months. EPI -10.8% YTD, but the Sensex gained 2.1% overnight. Comment! [Global & FX, Financials]
Tuesday, April 9, 10:43 AM Indian stocks (EPI -0.7%) hit seven-month lows as investors dump shares ahead of earnings season which kicks off Friday. The Asian Development Bank and separately UBS today cut their forecasts for the country's economic growth to 6% and 6.5% respectively. Last year's 5% growth rate was the lowest in 10 years. India's central bank meets Friday and may cut rates for a third time this year. Comment! [Global & FX]
Monday, April 1, 8:19 AM India's PMI slides to a 16-month low of 52 in March from 54.2 in February, led by the New Orders sub-index, also at a 16-month low, and "persistent power outages" hampering production. Inventories, however, were depleted somewhat, suggesting a future lift in output to replenish them. EPI -7.3% YTD. Comment! [Global & FX]
Monday, March 25, 8:40 AM Not joining the global rally, India's Sensex declines (0.3%) for a 7th consecutive day amid a government stalemate and a central bank which just cut rates but hinted more may not be coming. India-related funds led declines in the ETF sector last week, SCIF and INXX each down 9.4%, SCIN -7.2%. The popular EPI fell 5.5%. Comment! [Global & FX]
Tuesday, March 19, 3:04 AM As expected, the Reserve Bank of India has cut its benchmark interest rate to 7.5% from 7.75%, the second reduction this year, as it looks to boost faltering economic growth. The move comes despite consumer inflation of 10.9%. "Even as the policy stance emphasizes addressing the growth risks, the headroom for further monetary easing remains quite limited," the RBI said. (PR) Comment! [Global & FX, Top Stories]
Saturday, February 16, 8:45 AM Keep an eye on India, where a wave of foreign money is helping to keep the Sensex firm in the face of worrisome economic data. Beneath the surface is a large decline in Indian small caps (SCIF), suggesting locals are sellers. EPI +14.7% since Sept. 1. 1 Comment [Global & FX]
Tuesday, January 29, 6:57 AM Mostly expected, the Reserve Bank of India cut its benchmark rate 25 basis points to 7.75% overnight. At the same time, the bank also lowered its forecasts for growth and inflation. "It is critical now to arrest the loss of growth momentum without endangering external stability." EPI -0.6% premarket. Comment! [Global & FX]
Tuesday, January 15, 2:51 PM A big bull run in Indian stocks brought the Sensex over the 20K level for the first time in 2 years last night, but is the surge sustainable? Maybe not, says Daljeet Kohli, as the stretched market has plenty of room for disappointment should the RBI not ease as much as expected. Morgan Stanley sees a big move up ahead as higher earnings meet still reasonable valuations. Comment! [Global & FX]
Wednesday, January 2, 8:57 AM India's December PMI rises to 54.7 from November's 53.7, led by New Orders rising at the fastest pace in 6 months, and Order Backlogs which rose at the fastest pace in the report's history. "Inflation eased only marginally," with respondents noting the weaker rupee. The India Earnings Fund (EPI) +24.1% in 2012. 1 Comment [Global & FX]
Monday, December 31, 2012, 12:01 PM More details on iShares' ETF fee hikes: Going to 0.67% from 0.65% (a 3.1% hike) is its India Fund (INDA). Comment! [Global & FX]
Tuesday, December 18, 2012, 4:58 AM The Reserve Bank of India withstands political pressure to ease monetary policy and again leaves its lending rate unchanged at 8% and commercial banks' cash reserve ratio at 4.25%. Growth is slowing but high inflation is causing the RBI to maintain tight policies. "Rate cuts are contingent on inflation coming down, tangible progress on fiscal consolidation and continued structural reforms," says HSBC's Leif Eskesen. Comment! [Global & FX]
Friday, December 7, 2012, 12:46 PM Why do investors continue to pour money into EWJ and expose themselves to currency risk when the DBJP offers the same Japanese stock exposure, but hedged against the yen? Another of Dennis Hudachek's 10 Overlooked ETFs is the INDA, tracking the same Indian index as the INP, but with lower expenses. And don't forget IAU, basically the same exposure as GLD, but at 15 bps cheaper per year. 5 Comments
Tuesday, December 4, 2012, 8:31 AM "There is a feeling of euphoria in the market," says a brokerage head, as stocks continue to rally in India amid hope strong growth is set to return in 2013. The Sensex - which crossed 19K for the first time in 2years last week - trades at 15.8X earnings vs. 12.7X average for Asia ex-Japan. Morgan Stanley joins in, predicting 23K for next year. One popular India ETF (EPI) has doubled the S&P's performance in 2012. Comment! [Global & FX]
Thursday, November 29, 2012, 7:26 AM Indian stocks are upgraded to overweight at Goldman, which expects about a 15% gain in the NSE Nifty Index (INDY) by the end of 2013. Current valuation of 13.4X earnings is below the 5-year average of 14.9X just as growth is recovering, inflation is receding, and economic reforms are coming to fruition. The Sensex +1.8% to a 19-month high overnight. EPI +19.8% YTD. Comment! [Global & FX]

INDA iShares MSCI India Index ETF

INDA

iShares MSCI India Index ETF