Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.

Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.

For stock markets, the short-term and long-term outcomes of the “Trump trade” won’t necessarily be the same.

Donald Trump’s victory

So far, President-elect Donald Trump’s victory Tuesday has been positively received by investors, as was the case in 2016. The S&P 500 rose 2.5% to a record close Wednesday, buoyed by Trump’s stated intentions to, among other tax cuts, take the corporate-tax rate from 21% to 15% for companies that manufacture in the U.S.

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Stock market today: Why Sensex, Nifty are rising today

Stock market today: Why Sensex, Nifty are rising today

Stock market indices Sensex and Nifty climbed nearly 1 per cent each in Monday’s trade, broadly in line with rally seen in Asian shares, as China pledged to significantly increase debt, even as it left investors globally guessing on the overall size of the stimulus.

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Sensex breaks 6-day losing streak, Nifty closes above 25,000; Paytm surges 15%

Sensex breaks 6-day losing streak, Nifty closes above 25,000; Paytm surges 15%

Indian stock markets returned to their winning ways on Tuesday, snapping their 6-day-losing run. The BSE Sensex today gained 584.81 points, or 0.72 per cent, to end at 81,634.8 levels. The Nifty50, too, shut shop at 25,013.15, up 217.38 points or 0.88 per cent as investors digested the Assembly elections results, and dazzling rally in China stocks moderated.

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