Direxion Daily India Bull 3X ETF News

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At Close: Apr 30, 2024

India's RBI joins 'whatever it takes' rhetoric

07:33am, Friday, 27'th Mar 2020
India's RBI cut the benchmark interest rates ahead of the scheduled April announcement to mitigate the economic concerns due to COVID-19.Repo rate has been cut by 75 bps to 4.40% while retaining "
Just as we were about to go to press with an article on the surprising resilience of seaborne iron ore and coking coal prices in Asia, the market in Asia closed

India lockdown suspends output of Apple suppliers

08:45am, Wednesday, 25'th Mar 2020
Foxconn (OTC:FXCOF) and Wistron (OTC:WICOF) have suspended all production at their Indian plants (until at least April 14) to comply with a nationwide lockdown ordered by Prime Minister Narendra Modi.

India goes under 3-week lock down

02:46pm, Tuesday, 24'th Mar 2020
Indian Prime Minister Narendra Modi orders a three-week lockdown of the country - population 1.3B.Indian rupee is up 0.5% against the U.S. dollar, earlier it had risen as much as 0.6% against the gr
The Reserve Bank of India conducts a $2B U.S. dollar/Indian rupee swap auction in a measure to provide liquidity to the foreign exchange market.RBI Governor Shaktikanta Das isn't ruling out the possib

Yes Bank taken over by India's central bank

12:59pm, Friday, 06'th Mar 2020
India's central bank says it will be in charge of Yes Bank (OTC:YYBKY) for 30 days due to "serious deterioration" in the private lender's financial position.Yes Bank shares plunged 56% in Bomb
Large technology companies like Apple and Microsoft seem to be in a typical end-of-bubble blow-off top speculative price pattern. This has caused 3X leveraged t

Trump heads to India with trade in sight

08:20am, Monday, 24'th Feb 2020
India is gearing up for a two-day visit by President Trump, with bilateral trade between the countries standing at $160B.Hopes of a trade agreement have been fading in recent weeks as the U.S. express
India has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030.
Australia and India kept interest rates on hold. Brazil and Russia lowered rates. Global equity markets bounced back this week after the Coronavirus selloff.
A resurrection in economic growth took center stage this year for India, as the 2020 budget tried to deliver on multiple fronts. However, the announcement, deli

India ETFs Test Uptrend Line as Budget Looms

02:29pm, Tuesday, 28'th Jan 2020
Indian stocks are trading at support ahead of this weekend's closely watched Union Budget. Add these India ETFs to your watchlist.

India Set to Debut First Bond ETF Offering

01:00pm, Tuesday, 10'th Dec 2019
It looks like the government of India is set to debut its first bond exchange-traded fund (ETF), which will be launched by investment firm Edelweiss Asset Management. The ETF will come in two flavors�

India Set to Debut Its First Bond ETF Offering

04:22pm, Friday, 06'th Dec 2019
It looks like the government of India is set to debut its first bond exchange-traded fund (ETF), which will be launched by investment firm Edelweiss Asset Management. “Called the Bharat Bond ETF, E

Best Leveraged ETF Areas of Last Week

01:00pm, Monday, 04'th Nov 2019
These leveraged ETFs posted solid gains last week.
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