New Delhi, April 4 -- India appears to be one of the key beneficiaries of the US government's sweeping new tariff policy, according to domestic brokerage house Ventura Securities. While the US has imposed reciprocal tariffs as high as 26 percent on Indian goods, the rate is relatively modest compared to the steep penalties placed on other global trading partners. Ventura noted that this underlines India's increasingly favorable positioning in global trade dynamics amid the recalibration of US international commerce strategies.

Ventura said the long-anticipated tariff action by President Donald Trump seems to be fully priced in by equity markets. The implementation of only 50 percent of the proposed counter-tariffs signals a diplomatic ba...