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Sify Puts A Post-Earnings Charge Into India ADRs (SIFY, TTM, HDB, INFY, IBN, SAYCY, WIT)

Posted by Todd Shriber at 12:33PM on July 29th

Shares of Sify Technologies (SIFY), the Indian provider of business and consumer Internet services, are soaring 19% after the company reported a second-quarter EBITDA profit of $2.8 million compared with $510,000 a year earlier as revenue climbed to $50.73 million, a…

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U.S. Listed Plays in Three Booming Emerging Markets

Posted by Owen Vater at 10:23AM on September 15th

After a flight to safety during the recession, investors are moving back in to emerging markets.

Investing in traditionally stable economies was risky enough during the recession, let alone buying into emerging markets. However, as the global economy gets back on…

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Indian Equities Strong on Recovery Hopes

Posted by Max Magee at 11:53AM on June 26th

India’s benchmark gained the most in two weeks on Friday.

Indian stocks and ADRs are up in U.S. trading after the country’s Sensex Index capped its biggest daily gain in the last two weeks. Metal producers are leading the rally as…

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Election Sends India’s Equities Flying

Posted by Max Magee at 11:11AM on May 18th

Stocks surged in India after the Congress Party prevailed in elections.

Indian stocks and ADRs are soaring today as investors rejoice over Manmohan Singh’s reelection as Prime Minister. Singh, formerly the nation’s Finance Minister, helped introduce India’s first free-market reforms in…

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