The results of the US presidential election have come out and once again Donald Trump has won. His main rival Democratic candidate Kamala Harris has lagged behind. Due to Trump’s spectacular victory, the global stock market is also witnessing a boom. Apart from this, a huge surge has been seen in Indian technology stocks.
The Indian stock market has also been rising since morning. As Donald Trump’s victory became certain, the market’s strength increased. The Trump government’s policies are considered friendly to the global corporate world. Donald Trump himself is a big business tycoon, his business is spread all over the world including America and Europe. Donald Trump’s family also has a big real estate business in India.
Especially, Indian technology stocks are witnessing a huge surge due to the victory of Donald Trump because many big Indian IT companies have business in the US and due to this victory of Trump, stocks like TCS, Infosys, HCL Tech, Wipro and Dixon Tech are witnessing a tremendous surge.
TCS- 4.19%
HCL Tech- 3.98%
Infosys- 3.99%
Wipro- 3.47%
If we talk about the stock market, as soon as Trump’s victory was announced, at 2.20 pm, the BSE Sensex rose by about 800 points and crossed 80,250. At the same time, a stormy rise is also being seen in the NSE Nifty, the Nifty has reached the level of 24,450 by rising 235 points.
