India’s faltering equities market faces the risk of more losses after the nation was slapped with one of the highest tariff rates in Asia on its exports to the US.

Gift Nifty trades at 24,712, down nearly 150 points, a discount of nearly 140 points from the Nifty futures’ previous close, indicating a muted start for the Indian stock market.

The recent 25% tariffs imposed by President Trump on Indian goods are sending ripples through the Indian stock market and economy. As investors reassess their strategies amidst ongoing trade negotiations,