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As the Kamala Harris vs Donald Trump battle unfolds, Indian markets brace for potential volatility. Find out which candidate may benefit Nifty bulls.
Kamala Harris vs Donald Trump – Potential Impact on Nifty
As the US election results loom, the Kamala Harris vs Donald Trump contest has the potential to cause significant market swings. Historically, there is no clear correlation between the political party in power and market performance, but traders are keeping a close watch.
Short-Term Rally vs Long-Term Stability
Experts predict a short-term rally for Indian markets if Donald Trump wins, whereas a Kamala Harris victory could lead to continued stability, although IT stocks may see some vulnerability. The Kamala Harris vs Donald Trump contest is expected to create waves across Wall Street and Dalal Street alike.
Historical Market Performance Under US Presidents
Looking back at market performance under recent US presidents, the Nifty surged 45% during George Bush’s tenure despite a global market downturn. During Barack Obama’s second term, the Nifty grew 117%, matching the growth of Nasdaq. This makes the Kamala Harris vs Donald Trump decision crucial for Indian investors.
Traders Brace for Market Swings
Traders are bracing for large market swings this week, with the Harris vs Donald Trump contest potentially leading to volatility. While the US betting markets have recently shifted in favor of Donald Trump, the final outcome remains uncertain.
