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Us elections commission. One of the factors contributing to this sharp drop was donald trumps then surprising. As of market close on august 17 th 2020 the sp 500 was up 468 year to date total return and bloomberg barclays us. Trumps diagnosis fuels uncertainty for skittish us stock market.
On both the accounts the actual turnout was way different from the popular perception. A ubs analysis of the potential impact on a dozen of the regions biggest markets put india as a winner in each of their three. Also there were conjectures about what will happen to the market if trump manages to win the election.
But one other reason for the caution was the us presidential elections. In the last us presidential election the media was speculating that trump may not win the elections and most of the polls were suggesting that as well. Global and indian markets rallied ahead of the us election results which were still too close for analysts and news channels to call.
While indian equity markets remained volatile on wednesday they dont generally see an extreme reaction on the day of the us. Key stocks to watch in indian markets 3 min read. There are three possible outcomes for this election and indian stock market will rejoice in all three scenarios a biden and democrat win a divided congress and a status quo trump victory.
Narendra modi has gone out of his way to woo donald trump in order to soften the hard edges of his trade and immigration policies writes pramit pal chaudhuri. Dow jones had seen a solid rally on tuesday and wednesday. Historical returns of stocks and bonds during election years.
But that doesnt mean the indian.
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