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India Has Biggest One-Day Change Ever – Trading ETFs

By Total Trader | Published: 19 May 2009

Get exposure to India’s Senex with ETFs,  Exchange Traded Funds.

India’s Sensex rallied 17.34% yesterday on unexpected election results for its biggest one-day gain ever in its 30 year history.  As shown in the bottom table below, the next biggest one-day gain came in March 1992 when the index rallied 13.14%.  From its peak in January 2008 to its recent low, the Sensex dropped 60.91%.  From its low, however, the index has now rallied 75.04% in just over two months.  Even after this 75% gain, India needs to rally another 46.13% to reach its old highs.

Indiasensex 

Sensex518

Source: Bespok Research

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This entry was posted in ETFs and tagged Emerging Markets, Etf, etf securities, ETFs, Exchange Traded Funds, India. Bookmark the permalink. Both comments and trackbacks are currently closed.
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