Michael Santoli for Yahoo! Finance points out that Indian equities ranked among the worst performers during the rout in emerging markets this year and represent an intriguing potential opportunity for emerging market investors. The Reserve Bank of India’s new Governor Raghuram Rajan unexpectedly raised key lending rates to fight inflation. Moreover, the economy is also dependent on internal domestic consumer growth and technology development.
Guggenheim BRIC ETF
For more information on BRIC countries, visit our BRICs category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own EEB.