According to experts, the Indian stock market has stayed steady even after Donald Trump first announced a 25 percent tariff on certain Indian exports and then increased it further to 50 percent. Many expected such a steep hike to cause a sharp market crash,

India's equity benchmarks are set to open higher on Friday, after last session's steep intraday losses, on optimism that a proposed U.S.-Russia presidential meeting next week could ease Washington's stance on India's energy engagement with Russia.