iShares MSCI India Small-Cap ETF·Financial Services

India ETFs slide as weak domestic demand and Iran war risks weigh, but easing oil prices and stable inflation (if war eases) could revive growth.

The iShares MSCI India Small-Cap ETF continues to be rated as a Hold as downside risks have lessened but upside catalysts are lacking. SMIN's heavy cyclical sector exposure ties performance closely to India's domestic GDP, which is expected to be strong by global standards but will likely slow from the previous fiscal year. INR weakness has put off foreign investors, but with the RBI poised to stop its rate-cutting spree, the recent trade deal with the US could lead to some stabilization.

FLIN: Trade Deal Provides Potential Catalyst
The iShares MSCI India Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization Indian equities.
Financial Services
Asset Management
2012-02-09
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