Expert View, Aug. 28 -- As the Indian stock market grapples with the tariffs imposed by US President Donald Trump, Rajesh Cheruvu, MD and Chief Investment Officer at LGT Wealth India, believes that effective policy intervention will be key to ensuring that tariff shocks don't derail growth momentum. While the Indian macroeconomic outlook looks promising, Cheruvu believes it's not enough to tide over the tariff-related disruptions.

While the broad macro indicators are supportive - rural consumption is reviving after a subdued phase, aided by a good monsoon, lower inflation, and accommodative monetary conditions - these may not fully offset the drag from tariff-related disruptions. The potential export impact, estimated at around USD 45 bi...