Us Elections Indian Stock Market, Sensex Does Election Outcome Really Alter Stock Market Dynamics In India The Economic Times
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Asian shares us stock futures sag on coronavirus us election worries.
Us elections linguahouse. Stock markets around the globe saw the worst october this year given the resurgence of covid cases worldwide. Indian stock market index sensex has shed over 222 points in the past one week and if we eliminate todays trading. Us elections 2020 a significant event for the indian market but not the trump vs biden debate the market is likely to witness heightened volatility as we approach the us elections.
The result of the nov. The stock market has provided a key indication of who is going to win the us presidential election 2020. Historical returns of stocks and bonds during election years.
The contest is between joe biden and incumbent president donald. The us is set to go to election on november 3 and millions of americans have already cast their votes to choose a new president. Drugmakers and software exporters are the top performers in indias 21 trillion equity market this year amid the pandemic.
As of market close on august 17 th 2020 the sp 500 was up 468 year to date total return and bloomberg barclays us. On november 9 2016 indias benchmark index the sensex tanked by 1600 points in initial trading hours. Americans abroad wait to see if ballots they mailed will arrive no option but to come back to india.
3 vote could have a bearing on these companies. Trumps diagnosis fuels uncertainty for skittish us stock market. 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.
Indian market ran into rough waters in the last week of october largely on account of upcoming us presidential elections 2020 scheduled for tuesday november 3. But one other reason for the caution was the us presidential elections.
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