1. Indian stock market is not isolated from global events and thus American Presidential election holds a key for Indian stock market. Through this post with systematised approach I will analyse and arrive at an individual name who can be better for Indian interests and Indian stock market in particular and thus people can keep their fingers crossed and let the results reveal the truth.
2. Obama (Liberal) is anti US participation of its troops in Iraq and Afghanistan and thus holds key to bringing them back home. This aspect is not in India favour as these terrorists will further spread its fangs in Jammu and kashmir and other parts of India if not contained. I am glad that US has got the taste of terrorism and is doing its bit for containing the same and has also brought pressure on Pakistan.
3. Obama may also not support US policy of beefing up of India's security architecture as he was one of those who had voted against Indo-US nuclear deal in US Senate.
4. Obama has made outsourcing an issue in his electoral campaign and thus Indian IT companies will be hurt if he comes to power.
5. On other hand McCain (Republican) is in favour of US-Indo nuclear deal as it has important ramifications for India's energy security and Geo political environment. He has also stated that Outsourcing is a win-win situation for both countries. Indi is high on priority of McCain.
6. Thus given my take I will like McCain to become US President as national interests is supreme for me. However all is not lost if Obama comes to power because US is pursuing Indo-US deal aggresively due to its compulsions to contain China in region and being optimistic one can say that change of Liberal for Republican will not change policies of a country as relation between two countries can move only forward.
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US Presidential candidates Obama vs McCain; Who's better for Indian stock market?
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