Stocks to purchase today: As Donald Trump begins his second administration, experts suggest these five equities.

Stocks to purchase today: As the 47th President of the United States, Donald Trump has taken the White House once again. He took the oath of office on Monday, January 20, and on his first day in office, he announced a number of things, such as internal investigations into the Biden administration, the US pulling out of the WHO, and tariffs on Canada and Mexico. Significant changes in US trade policies and a reshaping of the geopolitical dynamics between the greatest economy in the world and its international counterparts are anticipated during Trump's second term. His views on immigration, trade tariffs against nations like China and India, and his work in international peacekeeping will all have a big impact on the stock market.

Given the favorable ties between the two countries during Trump's first term, experts predict that India will be in a stronger position than many other countries during his second term. However, it is difficult to forecast future events due to his erratic approach to governing and uneven interactions with both allies and adversaries.

Over the next two to three years, Arindam Mandal, head of global equities at Marcellus, expects the US market to progressively become more diversified.

This projection is based on the notion that the recovery of small businesses, which has been sluggish since 2021, may pick up speed generally under Trump. This normalization seems possible if the U.S. economy is solid," Mandal added.

Although we are aware of the typical hazards associated with geopolitics and a highly leveraged, financialized global economy, it's important to remember that these risks are well known. Our base case is predicated on the assumption that great powers will behave in accordance with accepted norms, which, if accurate, may sustain decent returns over an extended holding time. Regardless of changes in leadership, market movements are still unpredictable in the short future, according to Mandal.

Short-term shares to purchase
Some industries, like technology and defense, are expected to thrive under Trump 2.0, according to experts.

Trump's trade battles and tariffs may cause economic instability in Asia, but certain industries, including technology and defense, may prosper. Therefore, it is anticipated that Trump 2.0 would soon encourage the purchase of defense and tech-enabled defense equities, according to Ross Maxwell, Global Strategy Operations Lead at VT Markets.

Considering the Trump 2.0 factor, Anshul Jain, Head of Research at Lakshmishree Investment and Securities, recommended investing in tech-enabled defense firms, such as drone and aerospace stocks, instead of traditional defense stocks.

Short-term investors could consider purchasing these five defense stocks during Tuesday's transactions, according to Mahesh M. Ojha, AVP of research at Hensex Securities: Apollo Micro Systems, Paras Defence, Mazagon Dock Shipbuilders, Hindustan Aeronautics Limited, and Zen Tech.