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An equal-weighted custom index of India’s five flagship Internet stocks including Paytm parent One 97 Communications Ltd. and Zomato Ltd. has risen more than 20% in 2023, bolstered by the firms’ focus on profitability and a buzzing economy.

Indias consumer technology stocks, including One 97 Communications and Zomato, have outperformed their Chinese counterparts this year, rising more than 20% as of September 2023. The strong performance was supported by the firms focus on profitability and Indias economic growth potential. Meanwhile, Chinas tech giants have seen a lacklustre performance as share prices remain below January levels, due to geopolitical and regulatory risks. With Indias growth potential and favourable ties with the W...

By Ashutosh Joshi India’s consumer technology stocks are on a tear this year, handsomely beating their larger rivals in China and widening the divergence between two of the world’s largest equity markets.

India's consumer technology stocks are on a tear this year, handsomely beating their larger rivals in China and widening the divergence between two of the world's largest equity markets.

Indias consumer tech stocks are on a rise this year. Moreover, these stocks are beating their larger rivals in China and boosting Indias equity markets

/PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), has announced the completion of the conversion of two actively...

Global X has converted two mutual funds into actively managed emerging markets ETFs that trade on the NYSE.