India Grows Even More Corrupt

ACTION ITEMS:

Bullish:
Traders who believe that Transparency International's ranking of India fails to take into account the progress made by Indians like Anna Hazare might want to consider the following trades:

Bearish:
Traders who believe that India's Transparency International ranking is a true reflection of how bad the country's corruption problem has become may consider alternate positions:

  • Corruption is a drain on any economy that it is allowed to flourish in, so Indian banking stocks like HDFC Bank (NYSE: HDB) and ICICI Bank (NYSE: IBN) could be worth shorting if India's corruption problem worsens.
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