New Delhi, Aug. 10 -- The Indian stock market benchmarks, the Sensex and the Nifty 50, have been in negative territory for the last six consecutive weeks.

Both key indices declined nearly 1 per cent in the week ended Friday, August 8. The broader market fared worse, with the BSE Midcap index falling 1.3 per cent and the Smallcap index slipping nearly 2 per cent.

Much of this weakness can be attributed to the steep tariffs imposed by US President Donald Trump on Indian imports to the world's largest economy. Cumulative US tariffs on Indian goods now stand at 50 per cent. Even more concerning is Trump's increasingly aggressive stance against India.

The coming week is holiday-truncated; the Indian stock market will be closed on Friday, Au...