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home / news releases / INDL - The Case For India's Multiple-Year Bull Market - Part 2


INDL - The Case For India's Multiple-Year Bull Market - Part 2

By Gaurav Sinha

I recently wrote about how India's structural changes are setting stocks up for a multiple-year bull run, covering structural changes by India's Modi government.

Part 2 will cover a second fuel for Indian equities that could translate to market gains: inflows from domestic investors.

Traditionally, equity exposure has made up around 6% of Indian household balance sheets. By comparison, this figure in the United States has been well above 30%.1 This is about to change and, in my opinion, could set India up for a strategic bull run.

Great Reverse Migration

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Stock Information

Company Name: Direxion Daily MSCI India Bull 3x Shares
Stock Symbol: INDL
Market: NYSE

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