Tuesday, November 26
Mumbai: Investors on the constant lookout for emerging big-picture investment trends are assessing the impact of the election of Donald Trump as the next US President on Indian companies. With Trump expected to impose tariffs on imported goods into the US, there is uncertainty about the prospects of Indian exporters, which could result in investors focussing more on shares of companies that benefit from domestic demand.One of the key elements of Trump's election manifesto was a universal tariff on imports from all countries. Imports from China would, however, face a 60% tariff. Such duties are aimed at discouraging imports and boosting domestic production in the US."A Trump administration is likely to bring renewed trade tensions, with potential adverse effects on India's key export sector
New York: Stocks on Wall Street hit all-time highs, bond yields jumped and the dollar was set for its best day since 2020, with investors mapping out Donald Trump's return to the White House and what his policies will mean for markets. The S&P 500 climbed 2%, heading toward its 48th record this year, on bets the newly elected president will enact pro-growth policies that will boost Corporate America. A gauge of small caps rallied 4.6% amid speculation they will benefit from Trump's protectionist stance, while wagers on lower taxes and reduced regulation lifted banks. Insurers focused on the Medicare market jumped on expectations the government will pay higher rates to companies that provide private versions of the US health program for seniors. Trump Media & Technology Group Corp.
