Donald Trump moved swiftly to impose his will on the U.S. government as he reclaimed the presidency on Monday (January 20), taking steps to curb immigration, slash environmental regulations and withdraw from an international climate treaty. Cheered by a crowd at an indoor rally, Trump sat at a desk as he signed a series of executive orders in leather dossiers, the first steps in enacting a far-reaching agenda to expand America's territory, curb immigration, boost fossil fuel production and roll back environmental regulations. He said he would sign more such orders when he reached the White House
Always seek the advice of professional mutual fund managers and invest in those funds that have been consistent performers over the last 10-20 years, and have generated money in good and bad times, says Madhu Kela, Chief Investment Strategist, Reliance Capital.
Experts fear that a combination of Trump‘s policies and a falling Chinese yuan could send the rupee down by as much as 3 percent.
According to Sanjiv Bhasin of IIFL there is a lot of pessimism around the third quarter earnings but he expects banks to be in a sweet spot.