Goldman Sachs has reported that India’s economy is somewhat shielded from US slowdowns, thanks to its lower trade dependence. However, the country’s stock markets have been closely tracking the movements of US equities, particularly since 2015. The Nifty 50 and S&P 500 have exhibited synchronized trends, indicating a strong correlation between the two markets. It is advisable for businesses in India to exercise caution when it comes to their corporate cost structures, as there may be sector-specific impacts to contend with. Keeping an eye on these developments will be crucial for navigating potential challenges and opportunities in the Indian market.