Concerns that India may impose a 500% tariff on purchases of Russian oil triggered a sharp sell-off in Indian equities for a second straight session. The potential policy shift has raised fears of higher energy costs, margin pressure, and broader market volatility.

Meanwhile, risk assets remain active, with $BTC

BTC
BTCUSDT
73,088.2
-3.31%

holding firm as traders assess the global macro impact.

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