Chris Wood, a strategist at Jefferies, expressed optimism about India's economic prospects following Donald Trump's election victory. He emphasized that India's economic trajectory remains strong, projecting a real GDP growth of 6-8 percent and nominal GDP growth of 10-12 percent over the next five years, regardless of the political changes in the U.S.

Wood advised that investing in India through a monthly installment scheme continues to be a wise strategy. However, he acknowledged that Trump's return to the White House has created challenges for emerging markets, primarily due to a stronger U.S. dollar. This has affected global markets, especially those in emerging economies.

Wood noted that the initial market reactions included a rising U.S. stock market, a stronger dollar, and a sell-off in the Treasury bond market, which aligns with his pre-election predictions.