💨 Abstract
The US presidential election results could impact various sectors of the Indian economy, according to an analysis by JM Financial Institutional Securities. A Kamala Harris win could ease domestic interest rates, benefiting NBFCs, while a Trump win could keep rates high, favoring public sector banks. Harris' win would also be favorable for life insurers, but a Trump win could be negative for insurance companies.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
A year on, Intel's touted AI-chip deals have fallen short
Motor racing-Verstappen backs Bortoleto for Sauber seat
China hopes US will continue climate change collaboration whoever wins election, official says
Dollar firm as investors await jobs data
Russia is monitoring Moldova's elections but is not interfering in them, says Kremlin
Markets start big month on cautious footing as US jobs data looms
SUV sales a bright spot in Indian carmakers' October dispatches to dealers
North Korea will back Russia until victory in Ukraine, foreign minister says
2 dead, 1 injured as four-wheeler rams into motorcycle in MP's Jabalpur
Harris warns Trump will slash Obamacare; Trump says he never mentioned it
Powered by MessengerX.io