While reciprocal tariffs remain a looming threat, their actual execution and impact are yet to be fully realized. In addition to global influences, domestic factors such as weak earnings, and high valuations have also contributed to the decline in Indian equities. While reciprocal tariffs remain a looming threat, their actual execution and impact are yet to be fully realized. In addition to global influences, domestic factors such as weak earnings, and high valuations have also contributed to the decline in Indian equities. Economic Times