Barclays iPath MSCI India ETN - INP

I see an ETN started trading on the NYSE this week, INP - iPath MSCI India ETN. I’m making reference to it, because I believe it will be a good way to trade India stocks in the future. Barclays PLC launched the exchange traded note which is linked to the MSCI India Total Return Index. This is a free float- adjusted index which consists of the 68 largest Indian companies by market cap listed on the NYSE of India. reference

‘The purpose of ETNs is to create a type of security that combines both the aspects of bonds and exchange traded funds (ETF).’

I haven’t been watching the India sector of stocks close lately, but I want to keep this one on my trading radar. I’ve traded the stocks of several India companies in the past, and remember there were some good traders in the group. Barclays INP - iPath MSCI India ETN will be one to watch when the patterns begin to emerge. It has too small a trading range for me currently.