India ETFs Retreat on Rising Concerns Over Bad Loans
This article was originally published on ETFTrends.com.
Indian markets and country-specific ETFs retreated Friday after Yes Bank Ltd. and Dwan Housing Financing Corp. shares plummeted and dragged down the whole financial sector. On Friday, the iShares MSCI India ETF (BATS: INDA) declined 2.7%, PowerShares India Portfolio (NYSEArca: PIN) decreased 2.8%, WisdomTree India Earnings ETF (NYSE: EPI) fell 2.6% and Franklin FTSE India [...]