President-elect Donald Trump has chosen former Democratic Congresswoman Tulsi Gabbard to lead the U.S. intelligence community, raising concerns due to her history of echoing Russian government viewpoints, particularly on the war in Ukraine.
Motilals top large-cap picks include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), HCL Technologies, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), Power Grid Corporation, Titan Company, Trent, and Mankind Pharma
Economists predict that the U.S. could impose nearly 40% tariffs on Chinese imports in early 2025, potentially reducing China's economic growth by up to 1 percentage point. While most don't anticipate blanket 60% tariffs, the move could necessitate increased stimulus from Chinese policymakers to offset the impact on exports.