The initial market euphoria surrounding Donald Trump’s victory in the US election fizzled out quickly on Thursday, as investors realized that a Republican sweep could have both positive and negative implications for Indian stock markets. The Sensex gave up all the gains made in the previous session, falling by over 900 points, while the Nifty…
READ MORERising expectations that former President Donald Trump will regain the White House in November are supercharging the so-called Trump trade, on views that his policies will lift corporate profits even while spurring worries about the country’s long-term fiscal health. The two sides of the trade have been evident in recent weeks, as investors price in…
READ MORE