US presidential election 2016 vote counting is
underway and based on the trend from major battleground; it is evident that
Donald Trump will be the next President of US.
Given his announcement regarding global and domestic
policies is going to crack the global market for next few weeks.
US INDEX such as Nasdaq and Nyse is going to see major
selloff today. It's an opportunity to pick technology, defense, utility stock
in US whereas Indian equity market may see 500 point lower closure today.
It's an opportunity for long term investor to buy
metal, cement, banking and mining stocks with long term view.
The bear is going to handle the Indian stock market
for few days and the news will neutralize Mr. Narendra Modi announcements of black money control management.
In case any investor invested in Indian market with
long term view then they should not be worried as Indian stock market will gain
ultimately once the dust will settle down.
Very bad news for countries like China, Pakistan,
Saudi Arabia whereas good news for
Russia.
One should completely avoid IT stock till clarity of
Donald Trump administration pops up.
Disclaimer Consult your financial adviser before
investing.
If
you as reader defer from me then you may download Qsurvey from Google play and
submit your opinion.
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