• About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, January 21, 2021
Finance Infinity
  • Home
  • News
  • Market Watch
  • Ministration
  • Opinion
  • Beyond Finances
No Result
View All Result
  • Home
  • News
  • Market Watch
  • Ministration
  • Opinion
  • Beyond Finances
No Result
View All Result
Finance Infinity
No Result
View All Result
Home Market Watch

Indian Exporters on Their Toes Amid US Election Conundrum

Vedika Pandey by Vedika Pandey
November 23, 2020
in Market Watch, News
0
Indian exporters
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Indian Exporters Watch on as US Election Conundrum Settles Down

According to the data compiled by Bloomberg, the benchmark S&P BSE Sensex Index dropped an average 2.1 per cent in the five trading sessions after the last five US presidential elections

Investors are closely watching the pharma and IT stocks in the wake of US elections that certainly comes as a huge event for anyone operating in such a dynamic sector. Amid the pandemic, only India’s drug makers and software exporters have been the performing well in the equity market this year. 

The US elections could have a bearing on the operations of certain sectors due to the changes in taxation, trade and immigration policies, besides currency movement. Some of the experts believe that there are many reasons to believe that India is going to benefit from the election, irrespective of what happens from now onwards.

According to the data compiled by Bloomberg, the benchmark S&P BSE Sensex Index dropped an average 2.1 per cent in the five trading sessions after the last five US presidential elections. However, it wouldn’t be wise to predict where the pendulum swings this time around. 

Indian software exporters derive a large share of their business from the US, and Biden’s stance on protecting U.S jobs and wage has been moderate than that of trump, which bodes well for us. Other than this, currency movement could also spur gains in Indian currency with a weakening dollar.

On the healthcare front. India has witnessed a surge of 45 per cent this year. Around 80 per cent of the medical ingredients in the US come from India and China. So, any health plan cannot undermine the need of exports from these countries. 

Any growth in the U.S economy would be a good news for the Indian exporters, but any curbs on the foreign products could impact the South Asian countries big time, although the chances of that happening are minimal under Biden.

Tags: EconomyUS Elections
Previous Post

RBI To Set Up Innovation Hub; Fin-Tech Sector To Get A Major Boost

Next Post

RBI Penalizes Muthoot Finance, Manappuram Finance and Imposes Penalty

Vedika Pandey

Vedika Pandey

Related Posts

Piramal Capital wins bid war for DHFL
Business

Piramal Capital wins bid war for DHFL

January 20, 2021
NSO predicts 7.7 per cent contraction in Indian economy
News

NSO predicts 7.7 per cent contraction in Indian economy

January 19, 2021
SBI reduces home loan charges, processing fees
News

SBI reduces home loan charges, processing fees

January 18, 2021
BSNL invites EoI from local companies in the spirit to boost ‘Aatmanirbhar Bharat’
Mobile

BSNL invites EoI from local companies in the spirit to boost ‘Aatmanirbhar Bharat’

January 14, 2021
MSME Exporters: Loan woes and solutions
Market Watch

MSME Exporters: Loan woes and solutions

January 13, 2021
Budget-2021
Business

Budget 2021: What to expect after the COVID economic slump?

January 9, 2021
Next Post
RBI Penalizes Muthoot Finance Manappuram Finance

RBI Penalizes Muthoot Finance, Manappuram Finance and Imposes Penalty

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stock Market

  • Trending
  • Comments
  • Latest
India Post’s mobile bank facility

All about India Post’s mobile bank facility for its saving accounts customers

November 6, 2019
Axis Bank

Learning how to utilize digital channels for selling products with Axis Bank

January 9, 2020
Advent to invest in Aditya Birla Capital Ltd

Advent to invest Rs 1,300 crore in Aditya Birla Capital Ltd

September 4, 2019
KPMG Future of Finance

KPMG Future of Finance: Data, Automation, and Integration

December 14, 2020
India Post’s mobile bank facility

All about India Post’s mobile bank facility for its saving accounts customers

1
Piramal Capital wins bid war for DHFL

Piramal Capital wins bid war for DHFL

0
FPI Surcharge

FPI Surcharge: Finance ministry to consult Law ministry for providing immediate relief

0
National Housing Bank to infuse Rs 10,000 crore in housing finance companies

National Housing Bank to infuse Rs 10,000 crore in housing finance companies

0
Piramal Capital wins bid war for DHFL

Piramal Capital wins bid war for DHFL

January 20, 2021
NSO predicts 7.7 per cent contraction in Indian economy

NSO predicts 7.7 per cent contraction in Indian economy

January 19, 2021
SBI reduces home loan charges, processing fees

SBI reduces home loan charges, processing fees

January 18, 2021
BSNL invites EoI from local companies in the spirit to boost ‘Aatmanirbhar Bharat’

BSNL invites EoI from local companies in the spirit to boost ‘Aatmanirbhar Bharat’

January 14, 2021

Recent News

Piramal Capital wins bid war for DHFL

Piramal Capital wins bid war for DHFL

January 20, 2021
NSO predicts 7.7 per cent contraction in Indian economy

NSO predicts 7.7 per cent contraction in Indian economy

January 19, 2021
SBI reduces home loan charges, processing fees

SBI reduces home loan charges, processing fees

January 18, 2021
BSNL invites EoI from local companies in the spirit to boost ‘Aatmanirbhar Bharat’

BSNL invites EoI from local companies in the spirit to boost ‘Aatmanirbhar Bharat’

January 14, 2021
Facebook Twitter Youtube Instagram
Finance Infinity

Finance Infinity is a media platform which delivers latest financial information. Find news, articles, editorials and blogs written by our dedicated team of professionals and get yourself updated on what's happening in the business world.

Browse by Category

  • Beyond Finances
  • Business
  • Market Watch
  • Ministration
  • Mobile
  • News
  • Opinion
  • Tech

Recent News

Piramal Capital wins bid war for DHFL

Piramal Capital wins bid war for DHFL

January 20, 2021
NSO predicts 7.7 per cent contraction in Indian economy

NSO predicts 7.7 per cent contraction in Indian economy

January 19, 2021

Copyright© 2020 Financeinfinity - All rights reserved

No Result
View All Result
  • Home
  • News
  • Market Watch
  • Ministration
  • Opinion
  • Beyond Finances

Copyright© 2020 Financeinfinity - All rights reserved

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In