India could benefit from US midterm outcome via lower oil prices and yields: Axis MF

India could emerge as one of the key beneficiaries of a changing global investment environment following the US midterm election results, with the possibility of lower crude oil prices, softer global bond yields and improved foreign investment flows, according to a report by Axis Mutual Fund. In the latest November 2026 US midterm elections, the Democratic Party won control of both the Senate and the House of Representatives, delivering a significant political setback to President Donald Trump’s administration. The report said the Democratic gains in the US Congress could increase legislative checks on the administration over the remaining two years…