Indian stocks will benefit from the Trump 2.0 era, portfolio manager says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 72%

Trade أخبار

Asia Economy,Markets,Breaking News: Markets

Investors eyeing up firms with the potential to become the 'blue chip companies of the future' should look to India, according to investor Kunal Desai.

Indian onlookers watch the Bombay Stock Exchange digital broadcast outside the BSE in Mumbai on October 24, 2008. IGIB Asset Management's Kunal Desai said India's geopolitical positioning looked favorable as President-elect Donald Trump returns to office.

The portfolio manager said India's geopolitical positioning is "favorable in this Trump 2.0 era" as investors assess the country's ability to take advantage of a possible trade war between China and the U.S. As well as geopolitics, Desai cited the country's monetary sovereignty, improving return on equity — a key measure of a company's profitability — and increased private investment as reasons to invest.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين