Global Macro Strategist Arnab Das analyzes the potential market impacts of the upcoming US election. Das suggests that a Trump presidency would bring disruption through protectionist policies, while a Harris administration would likely follow similar policies but with a more multilateral approach. The impact on China relations and the ‘China plus one’ strategy are also discussed.
Posts in category All News
Dr Reddy’s earnings future uncertain beyond FY27, say analysts; stock up 3% (06-11-2024)
Indian pharmaceutical major, Dr Reddy’s Laboratories share surged 3.1 per cent at Rs 1,312 a piece on the BSE in Wednesday’s intraday deals
Whether Trump or Harris wins, US market may still climb till year-end: Richard Harris (06-11-2024)
The inauguration is going to become an important point because then people will be able to focus on the kind of policies that both candidates have been talking about.
I K F Finance standalone net profit rises 113.09% in the September 2024 quarter (06-11-2024)
Sales rise 63.54% to Rs 161.63 crore
Doubts over state police investigation: Karnataka BJP demands CBI probe into MUDA scam (06-11-2024)
The Karnataka BJP has raised concerns over the state police’s investigation into the MUDA scam case, demanding a CBI probe. They allege a massive Rs 5000 crore scam and doubt the impartiality of the state police. The BJP spokesperson expressed hope for a favorable High Court decision on their plea for a CBI inquiry.
ACME Solar Holdings IPO opens today at ₹275-289 band (06-11-2024)
The public issue has reserved at least 75 per cent for QIBs, up to 15 per cent non-institutional investors and 10 per cent retail investors
Titan slips 4%, nears 52-week low on margin disappointments in Q2 (06-11-2024)
The consolidated profit before tax was lower by 24 per cent YoY at Rs 948 crore mainly due to impact of custom duty reduction
GAIL rallies as PAT rises 10% YoY to Rs 2,690 cr in Q2 FY25 (06-11-2024)
GAIL (India) jumped 6.77% to Rs 209.70 after the company’s consolidated net profit increased 10.13% to Rs 2,689.67 crore on 2.7% rise in revenue from operations (excluding excise duty) to Rs 33,888.90 in Q2 FY25 over Q2 FY24.
Stock market update: Fertilisers stocks up as market rises (06-11-2024)
The 30-share BSE Sensex was up 623.26 points at 80099.89
Manappuram Finance (06-11-2024)
Manappuram Finance on its own is a fundamentally resilient business with a 10-year median return on equity of 18 per cent and return on assets of 4 per cent. The ban on Asirvad, while certainly negative for some quarters, has no bearing on Manappuram’s long-term growth prospects. The other fast-growing loan verticals should help the lender maintain a healthy financial track record.