A Trump win could mean a huge sell-off in US markets: Experts

The market has not factored in a Donald Trump victory in the US elections, since he has been trailing Hillary Clinton in most opinion polls. But the latest Washington Post-ABC News Tracking Poll says 46% of likely voters are supporting Trump while 45% are behind Clinton. If he wins US polls, the global markets would see short-term volatility,
say experts.

Raamdeo Agrawal,
co-founder, Motilal Oswal Financial Services

"There might be excessive volatility, if Trump comes to power. There is a possibility of a huge sell-off in the US markets. This might be uncharted territory."

Shane Oliver,
head of investment strategy, AMP Capital

"While some of Trump's economic policies could provide a fiscal-side and supply-side stimulus to the US economy, a Trump victory is likely to be initially negative for shares and will favour safe havens."

U R Bhat,
managing director, Dalton Capital Advisors

"There might be a lot of volatility if Trump comes to power as he is seen as a maverick. Inflows into emerging markets such as India will be impacted since foreign funds might want to reduce allocation."

A Balasubramanian,
CEO, Birla Sun Life Asset Management

"The market may see short-term volatility based on the expectations that are being factored in. Global markets are expected to stay volatile in the run-up to the US election results."

Vaibhav Agrawal,
Hhead of research, Angel Broking
"Clinton's win will be a non-event as markets have already started to factor in her victory. Trump's win will be viewed somewhat negatively due to his negative stance on the outsourcing sector. This, however, would not impact our long-term prospects and we remain attractive compared to other emerging markets."