Lunate Capital LLC is launching the Chimera S&P India Shariah ETF, replicating the performance of the S&P India Shariah Liquid 35/20 Capped Index. The fund will track the performance of Shariah-compliant Indian equities listed on the Bombay Stock Exchange.
Can equities sustain their rebound amidst ongoing Middle East conflict?
Indian equities rebounded on Monday, mirroring gains in Asian markets, as concerns over the Iran-Israel conflict eased. The Nifty rose 0.9% and the Sensex climbed