New Delhi, April 15 -- Now that the threat of aneconomic slowdownis real, keep an eye on theFMCG index. The market believes this index provides one of the best hiding places when there is a high risk of an economic slowdown.

Did I say 'economic slowdown'? Could there be an economic slowdown in India?

Well, we may not be as dependent on exports as China or other Asian nations. But there's no denying that if a slowdown grips the world, there will be some tremors felt here in India as well. And withTrump's tariffsthrowing the proverbial spanner in the works of the global economy, a possibility of an economic slowdown is getting stronger with each passing day.

In such a scenario, it becomes important to take a long, hard look at one's port...