Trump Tariffs Verdict Today: How Indian Markets Could React

• US Supreme Court to rule on legality of Trump-era trade tariffs, with a verdict expected around 8:30 pm IST.
• Indian markets could see a short-term relief rally if tariffs are struck down, easing trade policy uncertainty and potentially boosting FII flows.
• Experts like Ajit Mishra and Dr. Ravi Singh suggest a ruling against tariffs might improve sentiment but a sustained rally is unlikely due to persistent trade tensions and alternative tariff avenues.
• Nitant Darekar believes the ruling offers limited relief, as markets have already priced in minimal policy shifts and corporate earnings will dominate.
• Trump also announced a new 25% tariff on countries doing business with Iran, which could impact India, a major trading partner of Iran.

Why It Matters: US Supreme Court's Trump tariff verdict could offer short-term relief to Indian markets, but long-term impact is limited.