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Anybody else holding a position in INDY? Seems to me a good way to invest in the Indian economy (and hedge my investments in American dollars), but I'd be interested in hearing what others think.
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Cramer mentioned it the other night as his favorite way to invest in India, which he thinks is good now.

I currently hold TTM, which I like, but ironically it makes its big money on Range Rover and Jaguar.

I also like this bank as a way to play the growing middle class.
http://stockcharts.com/freecharts/gallery.html?hdb
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