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Saurabh Mukherjea suggests that China's manufacturing advantage, stemming from artificially lowered costs, poses a challenge to democracies. He anticipates China will attempt to flood global markets, including India, necessitating currency depreciation as a countermeasure. Mukherjea believes that India, along with other nations, will negotiate favorable trade deals with America, potentially benefiting the Indian economy.
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Several leading brokerage firms have shared positive outlooks on select Indian stocks, highlighting strong upside potential across sectors for the next 12-24 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
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Donald Trump does not want a foreign company to control US Steel. He repeated his concerns about Nippon Steel's bid to acquire the American firm. Trump had earlier stated his preference against US Steel going to Japan. This statement caused a drop in the company's shares. Both companies are now collaborating with the Trump administration.
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