Indian equity markets decline amid weak earnings and US trade uncertainty

Indian equity markets declined for the second consecutive session, with the Sensex dropping 763 points and Nifty50 falling 240 points, driven by weak corporate earnings, US trade policy uncertainty, and persistent foreign institutional investor selling. The market capitalization of listed companies on the BSE fell by Rs 9.48 lakh crore to Rs 410.03 lakh crore, as concerns over potential tariffs on Canada and Mexico and a sluggish earnings season weighed heavily on investor sentiment.

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Investors Eye Potential Trump-Win Trades in Japanese Stock Market

Investors are eyeing Japanese stocks as a potential winner if Trump wins the U.S. presidential race, with history showing a 30% gain in the Topix index after his 2016 victory. A weaker yen and attractive valuations for growth stocks are driving interest, while a shift of capital from China to Japan is anticipated amid expectations of a tougher stance from Trump.

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