Today the Indian market (^BSESN) jumped 514 points (5.5%). A similar gain is not noticed in the India Fund Inc. (IFN), probably because it did not fall yesterday along with the Indian markets. Does mean we will see continued improvements? Well, who knows. We saw several worse down days than today is an up day. I’d wait for a few more gains before jumping in. The volatiliy, though not uncommon with India Fund and the Indian markethas been larger than usual in the last couple of months. I’m still hanging on to IFN.

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