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Going strong this week

<p>Several positives in the past few days, with the budget coming shining through</p>

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US Senator Charles Schumer at a rally in front of the Stonewall Inn in solidarity with immigrants, asylum seekers, refugees, and the LGBT in New York. The demonstrators protested the policies of US President Donald Trump. Pic/AFP
US Senator Charles Schumer at a rally in front of the Stonewall Inn in solidarity with immigrants, asylum seekers, refugees, and the LGBT in New York. The demonstrators protested the policies of US President Donald Trump. Pic/AFP

The Indian Rupee had a strong week gaining 73 paisa or 1.07 per cent to close at Rs 67.31. Dow Jones was virtually flat losing 22.32 points or 0.115 at 20,071.46 points. The contentious visa bill of Donald Trump against select countries has been struck down by the courts. There would be many instances where such things are done as many of Trump’s acts are unconventional. The North America Free Trade Agreement (NAFTA) is up for discussion with Mexico whose biggest trade partner is the USA. Similarly the H1-B visas in the IT space have been criticised by all. However in the interim IT stocks have fallen significantly since Trump was elected as President.

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