I had posted a while back about investing in Indian stocks. I own INDF and WAINX. Anyone else out there looking at India? It seems that the market is doing quite well but there doesn't seem to be a lot of focus on it. What are you buying/selling? My rationale for INDF and WAINX is that both have big holdings in Indian financials which were left behind in the global rally until recently. These companies still grew deposits which they should be able to deploy into loan growth as the economy re-opens. Valuations seem in-line with the historical average multiple at this point which is rare to find in the US. But if there are any other sectors that I should be looking at, please advise. Thank you.
Submitted December 07, 2020 at 09:44AM by EMInvestor https://ift.tt/3lVDYMK
