INDL icon

Direxion Daily MSCI India Bull 2X Shares

61.87 USD
-0.69
1.10%
At close Dec 20, 4:00 PM EST
1 day
-1.10%
5 days
-6.17%
1 month
-1.09%
3 months
-18.82%
6 months
-9.51%
Year to date
9.58%
1 year
14.81%
5 years
-12.28%
10 years
-6.78%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

400% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 1

25% more call options, than puts

Call options by funds: $2.65M | Put options by funds: $2.11M

0.53% less ownership

Funds ownership: 7.6% [Q2] → 7.07% (-0.53%) [Q3]

12% less capital invested

Capital invested by funds: $8.5M [Q2] → $7.46M (-$1.04M) [Q3]

27% less funds holding

Funds holding: 15 [Q2] → 11 (-4) [Q3]

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for INDL.

Financial journalist opinion

Positive
Seeking Alpha
4 days ago
Indian Banks To Sustain Higher Leverage Ratios On Growing Capital
Major Indian banks are expected to sustain high leverage ratios, as healthy profits and a rapidly growing economy will help them build buffers. India's economic growth, which slowed to 5.4% year over year in the July–September quarter from 8.1% in the same period in 2023, is expected to recover as most economists expect the government and companies to step up spending in the coming months.
Indian Banks To Sustain Higher Leverage Ratios On Growing Capital
Positive
ETF Trends
3 months ago
Interest in Emerging Markets Growing Ahead of Rate Cuts
With U.S. Federal Reserve rate cuts looming, emerging markets (EM) are garnering interest from capital markets. This gives traders various options when looking at profitable opportunities in the EM space.
Interest in Emerging Markets Growing Ahead of Rate Cuts
Positive
ETF Trends
3 months ago
Economic Growth Should Keep This India ETF Bullish
India equities continue to be a hot trade that short-term investors may want to consider if they haven't already. For the long-term horizon, continued economic growth should keep these equities on the bullish side.
Economic Growth Should Keep This India ETF Bullish
Positive
ETF Trends
5 months ago
Bullish Emerging Markets ETF Up Despite Dollar Headwinds
An unexpectedly stronger dollar is applying downward pressure on emerging market (EM) growth. But the Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) isn't budging.
Bullish Emerging Markets ETF Up Despite Dollar Headwinds
Neutral
ETF Trends
6 months ago
Bullish & Bearish Opportunities Arising in Emerging Markets
Emerging markets can offer traders the ability to play off strength outside U.S. borders. With leveraged ETFs, there are both bullish and bearish opportunities to ponder.
Bullish & Bearish Opportunities Arising in Emerging Markets
Positive
ETF Trends
7 months ago
India's Weight on Global Index Hits Record High
Investor interest in Indian equities continues to reach a fever pitch. As such, Indian stocks have hit a record high in terms of occupancy in the MSCI Global Standard index.
Positive
ETF Trends
8 months ago
Q1 Growth Forecast Should Keep India Equity Bulls Appeased
China is looking to improve its economic situation. But emerging markets (EM) have been flocking to other parts around the globe for opportunities.
Positive
Seeking Alpha
9 months ago
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Positive
ETF Trends
9 months ago
2023 Was a Record-Shattering Year for India-Focused ETFs
Traders seeking opportunities in emerging markets (EM) may want to give India a closer look. India-focused exchange-traded funds (ETFs) saw record-shattering inflows last year, according to a recent Forbes article.
Neutral
Seeking Alpha
10 months ago
EM Central Banks: More Easing In The Cards?
Emerging markets have taken solace in the view that the U.S. hiking cycle is over, helping deliver strong returns in 2023. Slowing global inflation has been due to sharply lower core goods inflation, while service prices have remained stickier.
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