India ADR/ETF Election Winners on Volume (PIN, EPI, IIF, IFN, INP, INFY, IBN, REDF, SAY SLT, TTM, WIT)

Posted in General, pre-market 
May 18th, 2009

Many stocks and funds are surging on active volume after India’s Bombay Stock Exchange soared after the election results giving the Congress party a victory over the Communists.  These are the big winners we have seen in ETF’s, closed-end funds, and the active ADR’s that trade here in the US.

  • PowerShares India (NYSE: PIN) up 15% at $17.00 at 9:07
  • WisdomTree India Earnings (NYSE: EPI) up 23% at $17.20 at 9:07
  • Morgan Stanley India Investment Fund, Inc. (NYSE: IIF) up 17% at $18.85 at 9:07
  • India Fund, Inc. (NYSE: IFN) up 20% at $25.93 at 9:07
  • iPath MSCI India Index ETN (NYSE: INP) up 23% at $48.75 at 9:08
  • Infosys Technologies Ltd. (NASDAQ: INFY) up 13% at $36.35 at 9:09
  • ICICI Bank (NYSE: IBN) up 31% at $23.39 at 9:09
  • Rediff.com India Ltd. (NASDAQ: REDF) up 32% at $3.30 at 9:09
  • Satyam Computer Services (NYSE: SAY) up 13% at $2.05 at 9:09
  • Sterlite Industries (NYSE: SLT) up 19% at $10.98 at 9:10
  • Tata Motors (NYSE: TTM) up 13% at $8.59 at 9:10
  • Wipro Ltd. (NYSE: WIT) up 9% at $11.65 at 9:10

JON C. OGG

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