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.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and