“The flood of cash has provided a buffer against outflows sparked by the risk-off sentiment that’s caused global investors to sour on Asian markets. Funds bought 175 billion rupees of shares in September, despite a bout of market weakness, while their overseas peers remained net sellers as data showed slowing growth in Asia’s third-largest economy,” according to Bloomberg.
Small-cap Indian stocks are performing exceptionally well this year. India small-cap ETFs, including Market Vectors India Small-Cap Index ETF (NYSEArca: SCIF), EGShares India Small Cap ETF (NYSEArca: SCIN) and iShares MSCI India Small-Cap ETF (NYSEArca: SMIN) are among this year’s best-performing non-leveraged ETFs of any type.
More aggressive investors who are confident about India may even look to a leveraged bullish play on Indian markets. The Direxion Daily India Bull 3X Shares (NYSEArca: INDL), which takes the 3x or 300% daily performance of Indian stocks.
For more information on Indian markets, visit our India category.