Trump's victory: good or bad for India(n)?

[Tamil Selvam J]

Why does all markets reacted quickly to his winning in the election?

Any general action need to be taken? Stocks to hold ? buy? sell?

Any major sectors to avoid or to accumulate?

As expected by December will NIFTY touch 9000?

Will there be any corrections in the market next this Trump effects?

[EQSIS]

Please find my answers below

Why does all markets reacted quickly to his winning in the election?

• This was largely unexpected by many traders in market, hence the unusual volatility witnessed.

Any general action need to be taken? Stocks to hold ? buy? sell?

• Generally high volatile scenarios are avoided by risk averse traders, however we recommend traders can consider long in stock which were already in bullish mode.

Any major sectors to avoid or to accumulate?

• Real Estate is expected to be under trouble
• IT business need to be tracked very closely

As expected by December will NIFTY touch 9000?

• The today move indicates the likely chances for this 9000 levels

Will there be any corrections in the market next this Trump effects?

• Very difficult to speculate on it… Lets follow market

[Tamil Selvam J]

Thanks for elaborate and concise answers.

[Author]

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