Historically, during periods of geopolitical uncertainty and trade-related tensions, investors tend to shift their focus towards domestically driven sectors. Banking stocks, in particular, are often seen as a relatively safer bet in such times.

Donald Trump's proposed 50% tariff on Indian exports casts a shadow over Indian stock markets, impacting sectors like textiles and auto ancillaries. While export-oriented businesses face challenges, analysts suggest focusing on domestic consumption-driven sectors.

Overview Nifty plunged 160 points to close at 24,413, while Sensex dropped 502 points, marking one of the sharpest declines in July.FIIs pulled Rs. 4,999 crore