That’s a steeper hit than the 15% to 20% range applied on several regional peers.India’s stock benchmark has lagged most major global peers this year amid concerns over a slowdown in its economy and corporate earnings.

Sensex and Nifty 50 recovered intraday losses to trade flat, lifted by gains in FMCG and private banking stocks. Bank Nifty outperformed the frontline indices.

Ever since Donald Trump floated the idea of imposing a 25% tariff on imports, global markets have been on edge. But India’s stock market? It’s surprisingly comp