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Trump or Biden? It won't matter a lot for Indian markets: Analysts

As things stand, Democratic presidential candidate Joe Biden, based on approval ratings, is leading Trump in the key battleground states

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Biden, according to reports, is leading Trump nationally in approval ratings by 8 percentage points -- 50.6 per cent to 42.1 per cent

Puneet Wadhwa New Delhi
The outcome of the presidential election in the US, the world's largest economy, may only create a flutter in the global financial markets, including India, say analysts. Yet, a change of American president (in case Donald Trump loses) should be interesting from the point of view of globalisation, trade relations with China, and the US' role as a superpower; The India-US relations, most believe, are insulated because of their long-term partnership and their alliance, and the scope to increase trade and expand supply chains, given the strain with China.

“I don’t think the consensus is that Trump will come back