The Bullish Surge of Hang Seng: Outperforming Nasdaq and Nifty
Hang Seng Triumphs: Outpacing Global Markets Since 2024 with Bullish Momentum, While FIIs Stay Away from India"
The Hong Kong Stock Market's Hang Seng Index has shown remarkable strength since 2024. When comparing the performance of the Hang Seng, Nasdaq, and Nifty indices, the Hang Seng emerges as the clear winner since 2024, followed by Nasdaq, with Nifty delivering negative returns.
A straightforward analysis of the Hang Seng Index reveals that it has recently crossed the 200 SMA on both weekly and monthly charts, indicating a bullish trend. Additionally, it is on the verge of a horizontal breakout.
For investors in India, one way to gain exposure to the Hang Seng Index is through the Nippon India Hang Seng ETF. This ETF has a relatively small AUM of around 800 crore INR, making it unsuitable for large lump-sum investments. However, it could be a good idea to invest smaller amounts in 4-5 tranches???
This is NOT an investment advise
The Hong Kong Stock Market's Hang Seng Index has shown remarkable strength since 2024. When comparing the performance of the Hang Seng, Nasdaq, and Nifty indices, the Hang Seng emerges as the clear winner since 2024, followed by Nasdaq, with Nifty delivering negative returns.
A straightforward analysis of the Hang Seng Index reveals that it has recently crossed the 200 SMA on both weekly and monthly charts, indicating a bullish trend. Additionally, it is on the verge of a horizontal breakout.
For investors in India, one way to gain exposure to the Hang Seng Index is through the Nippon India Hang Seng ETF. This ETF has a relatively small AUM of around 800 crore INR, making it unsuitable for large lump-sum investments. However, it could be a good idea to invest smaller amounts in 4-5 tranches???
This is NOT an investment advise
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.