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.

India's rupee plunged toward a record low and equity indexes declined on Thursday after U.S. President Donald Trump slapped steeper-than-expected tariffs on Indian goods, with analysts warning of sustained pressure on the country's growth.

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,