Trump 2.0: Tough Or Smooth Ride For Indian Markets?

Donald Trump’s win over Kamala Harris in the U.S. election brings a potential shift for India-U.S. relations. Will his return to power be a boon for India or signal a rough path ahead? Sharad Avasthi, Head of Research (PCG) at SMIFS, shares insights on what this means for India's economy and markets. According to him, while Kamala Harris had garnered significant support, her tax-focused policies may have contributed to her defeat. According to Sharad Avasthi, Trump’s approach could benefit India, especially in the IT sector, as his stance on avoiding tax hikes may fuel growth in the U.S., positively impacting export-oriented Indian companies. Over the next 2-3 months, inflation trends and interest rate stability in the U.S. could further support market optimism. Watch this discussion on Business Today TV to understand how Trump’s policies might energize Indian markets and create opportunities for investors.