Trump wins 2024 US elections, analysts weigh risks and opportunities for India

businesstoday.in

Donald Trump has won the 2024 US Elections, becoming the 47th president. His victory has led to mixed reactions in India, with some analysts highlighting potential risks, including higher tariffs and immigration restrictions that could impact Indian exports and investment. While Indian stock markets initially rose after Trump's win, they faced declines soon after, with the Nifty index down 8% from recent highs. Analysts express concerns over foreign investment outflows and economic adjustments due to Trump's policies. Despite these challenges, some brokerages believe India could benefit from increased tariffs on China and a focus on the "China+1" strategy. They maintain a positive outlook for certain sectors and have set a Nifty target of 26,500 for September 2025.


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