Geopolitics Alpha

India’s Diwali Sweet Box Comes With a Bitter Dose of Inflation

Published . Updated .

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GEOPOLITICS ALPHAIndia’s Diwali Sweet Box ComesWith a Bitter Dose of InflationGEOPOLITICS ALPHA

This report is about India.

Directly affected

  • No company is named in this report.

Indirectly affected

  • INDA iShares MSCI India ETF-4.1% 16d

    iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.3% 7d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India.

  • EEM iShares MSCI Emerging Markets ETF-1.9% 18d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India

  • HDB HDFC Bank-3.0% 30d

    HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.

  • INFY Infosys

    Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.

  • RDY Dr. Reddy's Laboratories

    Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.

  • MMYT MakeMyTrip

    MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
INDA-4.71%-2.79%baseafter closeafter closeafter closeafter close
EMB+0.02%-0.54%baseafter closeafter closeafter closeafter close
EMLC-0.28%-0.71%baseafter closeafter closeafter closeafter close
EEM+5.12%+5.25%baseafter closeafter closeafter closeafter close
HDB-10.05%-6.67%baseafter closeafter closeafter closeafter close
INFY-1.99%-6.83%baseafter closeafter closeafter closeafter close
RDY-2.34%-1.41%baseafter closeafter closeafter closeafter close
MMYT-16.97%-11.26%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

India’s Diwali Sweet Box Comes With a Bitter Dose of Inflation Bloomberg.com

Source: Bloomberg

This story

CompanyWhenMoveStatus
EEMthree days earlier+5.25%final price
EEMfive days earlier+5.12%final price
EMBthree days earlier-0.54%final price
EMBfive days earlier+0.02%final price
EMLCthree days earlier-0.71%final price
EMLCfive days earlier-0.28%final price
HDBthree days earlier-6.67%final price
HDBfive days earlier-10.05%final price
INDAthree days earlier-2.79%final price
INDAfive days earlier-4.71%final price
INFYthree days earlier-6.83%final price
INFYfive days earlier-1.99%final price
MMYTthree days earlier-11.26%final price
MMYTfive days earlier-16.97%final price
RDYthree days earlier-1.41%final price
RDYfive days earlier-2.34%final price

This story

12 out of 100

“India’s Diwali Sweet Box Comes With a Bitter Dose of Inflation” scores 12 out of 100. The score uses 1 sources.