U.S. Midterm Results: Democrats Gain Power, What Does It Mean For Trump, India And Global Markets?

The Democrats' victory in the US midterm elections could create a political gridlock, limiting Donald Trump's ability to push his policy agenda. Ajay Bagga, Senior Market Veteran, explains how a Democrat-controlled Congress could mean stronger regulatory oversight, greater scrutiny of Big Tech and challenges for Trump's spending plans. He also examines the implications for global markets and India, particularly around US tariffs, Russian oil purchases, visa restrictions and geopolitical tensions. While Trump's presidential veto powers could limit some legislative moves, the changing balance of power in Congress may create fresh uncertainty for India-US relations and global investors.