TACO trade or duck for cover? How Sensex, Nifty traders should play Trump tariff tantrum

Following Trump's tariff announcement, Indian traders are divided. Some are betting on Trump softening his stance, while others fear the impact on India's safe haven status. Experts suggest key sectors like IT, consumption, and financials remain strong. However, concerns linger about potential capital outflows and the impact on specific sectors like pharma and auto ancillaries.