Dalal Street Anxiously Awaits US Supreme Court Decision on Trump Tariffs

• Indian stock market under pressure, Sensex and Nifty down over 2% in five sessions.
• Uncertainty over US Supreme Court's decision on Trump-era tariffs is a key concern for investors.
• Lack of progress on India-US trade deal and threat of higher tariffs from Donald Trump add to market weakness.
• A US Senate bill proposing 500% tariffs on countries buying Russian oil poses a significant threat to India.
• If Trump tariffs are revoked, India could benefit significantly, potentially leading to a market surge.

Why It Matters: Indian market's fate hinges on US Supreme Court's tariff decision, impacting global trade and investor sentiment.