With Joe Biden picking India-born Kamala Harris as his running mate in the upcoming presidential elections in the US, most analysts say the outcome may not matter much in the long-term for most global equity markets, including India.
“I don’t think the consensus is that Trump will come back to power and that will be good for the market. In the US, there are very little policy levers that the government has for the stock markets apart from the interest rates. And that will continue irrespective of who will be the president," says Shankar Sharma, vice chairman & joint managing