Despite recent tariff threats from President Trump, the Indian stock market shows resilience, yet experts warn of potential volatility. With a focus on select sectors, investors are advised to stay cautious and consider diversifying into gold and fixed income as a hedge against uncertainties.

Indian shares declined on Tuesday as investors stayed cautious after U.S. President Donald Trump's renewed threat of harsh tariffs on goods from India over the country's purchases of Russian oil and ahead of the local central bank policy decision.

U.S. President Donald Trump has threatened India with increased tariffs over its purchase of Russian oil amid Moscow's war in Ukraine.