Indian IT companies saw their stocks surge following Donald Trump’s presidential election victory. The rally was fueled by optimism surrounding Trump’s pro-business policies, which are expected to boost IT spending. However, potential protectionist measures under a Trump administration pose a risk for Indian software exporters, potentially hindering the sector’s growth.
Right time to take profit off the table in pharma; defence a structural buy: Rajiv Batra
Rajiv Batra addresses global investors’ concerns about India’s growth and policy, emphasizing the need for double-digit earnings and nominal GDP growth to reignite foreign investor