Big Trump card could hit Indian IT, pharma! 5 takeaways from presser

NEW DELHI: The first presser of US President-elect Donald Trump could put IT and pharma stocks in a tight spot when the domestic market opens for trading on Thursday. Dow Jones, which was trading near the 20,000 mark ahead of the press conference, quickly pared gains towards the end of the session. However, SGX Nifty was trading with a slight positive bias at the time of writing of this report. Here is a list of top five takeaways from Trump’s presser: Need for competitive drug pricing: Trump said pharmaceutical companies...
9 Published By - The Economic Times - 2017.01.11. 19:32
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