Trump 2.0: rough or smooth path for Indian markets?

Donald Trump’s victory over Kamala Harris in the US elections could potentially change the relationship between India and the US. Will his return to power be a boon for India or a signal of a difficult path ahead? Sharad Awasthi, Head of Research (PCG), SMIFS, shares his thoughts on what this means for the Indian economy and markets. While Kamala Harris received significant support, her tax policies may have contributed to her defeat, he said. According to Sharad Awasthi, Trump’s approach could benefit India, especially in the information technology sector, as his stance on avoiding tax hikes could boost growth in the US, positively impacting export-oriented Indian companies. Over the next 2-3 months, inflation trends and stability in US interest rates could further support market optimism. Watch this discussion on Business Today TV to understand how Trump’s policies can reinvigorate Indian markets and create opportunities for investors.