US Presidents & Sensex
Since 2000, US presidents have been visiting India every five years. Donald Trump’s visit is exactly five years after the second visit of his predecessor, Barack Obama (January 2015). His first visit was in November 2010. Interestingly, during both the visits, the benchmark Sensex was near its record high. Today’s fall of 800 points notwithstanding, the Indian market is again close to its all-time high that it touched in January. “The Sensex was at 20K when Obama first visited. It was near 30K during his second visit. Currently, it is around 40K. Let’s hope when Trump or