💨 Abstract

The Elara Capital report suggests that a second term for Donald Trump as US President could lead to favorable outcomes for US equities and a generally positive, mixed outlook for India's economy. Sectors like IT, pharmaceuticals, electronics manufacturing services (EMS), and defense are expected to benefit. However, the Indian rupee could face depreciation pressures due to a strengthening US dollar and rising US bond yields.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖