Indian stock markets will be clear winners of the US presidential election

Prathamesh Mulye
·2 min read
Indian stock markets will be clear winners of the US presidential election
Indian stock markets will be clear winners of the US presidential election

One of the factors contributing to this sharp drop was Donald Trump’s then-surprising victory over Hillary Clinton in the US presidential election. Indian investors were anticipating a win for Clinton. Analysts at UBS Global Research predict that India will benefit from all three possible outcomes: Joe Biden winning with Democrats clinching both houses of Congress; a status quo (Trump is re-elected with a divided Congress); and a Biden victory with Democrats and Republicans keeping a hold on the House of Representatives and the Senate, respectively.