The Franklin FTSE India ETF (FLIN) has been upgraded from a sell to a hold rating due to the normalization of Indian asset valuations, now trading at a 21x price-to-earnings ratio, closer to its 10-year average. Despite challenges like inflation, currency weakness, and moderate interest rate hikes, the Indian economy remains resilient. The analyst prefers FLIN over INDA for its lower expense ratio and similar performance but is waiting for clearer risk signals or valuation drops before recommending a buy.
The Franklin FTSE India ETF (FLIN) is noted here with its valuation at a 21x price-to-earnings ratio, near its 10-year average. For readers following US stocks tradable on Pluang, here is the market snapshot as of Oct 09, 2026 01:11 WIB: out of 150 stocks, 73 rose and 77 fell. Notable movers include CGC at USD 0.83 with a -5.21% change, MRVL at USD 270.75 with a -4.89% change and a Pluang order activity of 44% Sell / 56% Buy, and NIO at USD 3.37 with a -4.80% change and 88% Sell / 12% Buy order activity.
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