New Delhi, Aug. 10 -- The Indian stock market is reeling under pressure due to tariff blow by US President Donald Trump, uninspiring earnings and foreign capital outflow.

The Nifty 50 is now over 7 per cent down from its all-time high of 26,277.35, which it hit on September 27 last year.

At this juncture, it seems difficult to foresee a fresh high for the Nifty 50 in the near future. Trump's tariffs are estimated to reduce India's GDP growth by as much as 1 per cent, hopes of an earnings recovery in the second half of the financial year (H2FY26) are weakening, and foreign investors are relentlessly pulling money out of Indian markets.

Pankaj Pandey, the head of research at ICICI Securities, still believes that the Indian stock market c...