President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.

Domestic equity benchmarks Sensex and Nifty 50 settled higher for the second consecutive session, driven by IT, consumer durables and commodity stocks, amid a largely positive trend in global markets.

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.