The slogan “Trump will fix it” is gaining traction on Dalal Street, with the Sensex rising over 1,000 points after Trump’s projected win. Indian IT stocks are major beneficiaries, boosted by a stronger dollar and Trump’s tax cuts. Analysts suggest India’s economy could benefit from lower oil prices and supply chain shifts, though trade tensions may hurt exports.

​It is not as if everyone will get impacted because there will be shifting channels, because he wants to put more tariffs towards China and some other countries, so some other countries might benefit. But overall, it has an impact on companies which are exposed to global trade, while higher interest rates might help financial companies here, which are undergoing NIM compression. So, these are some of the thoughts initially.

Promoters held 44.7 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 28.39 per cent and 9.52 per cent, respectively.

Dogecoin surged 25% on Wednesday, reaching $0.2068, as traders speculated on a potential Donald Trump victory in the U.S. presidential race. The rally was fueled by Trump’s pro-crypto stance and Elon Musk’s vocal support for both Trump and Dogecoin. Analysts believe a Trump win could positively impact the crypto community, particularly following his proposal to establish the Department of Government Efficiency (D.O.G.E.), which Musk would lead if elected.

Titan Company experienced a 15% profit decline in Q2. The company attributes this to losses from a customs duty drop on gold. Despite this, Titan saw strong sales growth in its jewellery and watches segments. The company remains optimistic about the future, particularly the upcoming festive season. Titan is also closely watching the lab-grown diamond market and formulating its strategy.