Indian stock benchmarks took a hit recently, notching their worst performance in over four months. The culprit? Escalating concerns around US tariff policies. Market participants are watching the trade situation closely as renewed protectionist rhetoric from Washington sends ripples across global equity markets. For traders exposed to emerging markets, this kind of macro headwind can significantly impact portfolio positioning and risk appetite. The selloff reflects how interconnected global economies have become—policy decisions in one major economy quickly reverberate through international stock exchanges. India's market weakness is a reminder that macroeconomic factors and geopolitical trade tensions remain critical forces shaping asset prices alongside traditional crypto market dynamics.