Indian Stock Market Eyes Gains Ahead of Potential Trump Visit,20 Stocks Poised to Benefit
Mumbai: Indian stock markets are anticipating a positive trajectory as a potential visit from former U.S. President Donald Trump in November looms, alongside ongoing foreign institutional investor (FII) buying. Experts predict sectors including IT, auto, pharma, textile, and defense will attract meaningful investor attention. The Nifty 50 index is currently facing resistance between 25,250 and 25,300, but a sustained influx of FII investment could propel it towards 25,800, and potentially even 26,000 if the U.S. Federal Reserve enacts a larger-than-expected 50 basis point rate cut.
Anshul jain of Lakshmishree Investment noted the ”broader trend remains constructive,” citing bullish weekly and daily moving averages and the index reclaiming its quarterly Volume Weighted Average Price (VWAP). He added that the alignment of the monthly VWAP wiht daily and weekly averages “strengthening the bullish structure.”
According to Anuj Gupta of Ya Wealth, the Nifty 50’s potential to reach a new peak will depend on progress in an India-US trade deal, US Fed rate cuts, and the implementation of GST 2.0 from September 22,2025. A potential visit from Russian President Vladimir Putin by year-end is also being factored into market expectations.
Ya wealth has identified approximately 20 stocks expected to benefit from these developments, distributed across key sectors:
Pharma: Aurobindo Pharma, Cipla, and Glenmark Pharmaceuticals.
Defence: Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), and Cochin Shipyard.
IT: Tech Mahindra (TechM), HCL Technologies (HCL Tech), Wipro, and Infosys.
Textile: Trident and Welspun Living.
Auto and Auto Ancillary: Eicher Motors, Tata Motors, TVS Motor, Bajaj Auto, JBM Auto, Bosch, Amara Raja, Exide Industries, and UNO Minda.
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