OpinionUS Elections 2024: With Trump Trade And Fund Flows At Play, Here's How India Is Positioned
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US Elections 2024: With Trump Trade And Fund Flows At Play, Here's How India Is Positioned
So far, foreign investors have been net sellers of $9 billion in the secondary market and net buyers of $10.1 billion in the primary markets in this calendar year.
A Trump victory is expected to boost earnings for corporate America, on the back of tax cuts. (Photo source: Donald Trump/Instagram)
The US Presidential elections are in the final leg, with the preliminary result expected on Nov. 6 morning for Indian markets. While the Wall Street has positioned itself for 'Trump Trade', the results could spring a surprise, based on how the swing states tilt this elections. Pollsters predict a neck-to-neck race between Republican candidate Donald Trump and Democrat rival Kamala Harris, and bulls are positioning themselves to a ris...