MarketsTrump's Trade War And Markets: Madhusudhan Kela Doesn't Expect An 'Adverse Impact' On India
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Trump's Trade War And Markets: Madhusudhan Kela Doesn't Expect An 'Adverse Impact' On India
Given India and US' relationship dynamics, and personal equation between Prime Minister Modi and the Donald Trump, India is expected to do better, Kela told NDTV Profit.
It's time to focus on high-value stocks, which investors are thinking of trimming out of portfolios to get some value-based stocks, Madhusudhan Kela said. (Photo source: NDTV Profit)
Adverse impact on Indian markets due to the potential trade war after US imposed tariffs on Canada and Mexico is unlikely, said Madhusudan Kela, market veteran and founder of MK Ventures. However, maintaining a good relation with the US in this backdrop is the prime requirement, to prevent the adverse spillovers into Indian markets.Given India and US' relationship dynamics at present, and personal equation between Prime Minister Nare...