The Indian equity market has witnessed a sharp turn of performance.

Trade tariffs are government-imposed taxes on imported goods, making them costlier to encourage domestic production and protect local industries.

The Indian equity market, once celebrated for its resilience in turbulent times, has faced an exceptionally challenging phase over the past five months starting October 2024.

The Indian markets have experienced a challenging phase in recent months, weighed down by sluggish economic growth and weak quarterly earnings that have failed to justify elevated equity valuations, even after a major correction.

Reliance Industries has long been a dominant force in the Indian stock market, renowned for delivering robust returns to its shareholders.