Expert view, Aug. 20 -- Kush Gupta, Director at SKG Investment & Advisory, believes the Indian stock market may remain sideways in the short term, with Nifty trading range-bound between 24,500-26,000 in the coming few months. In an interview with Mint, Gupta shared his views on the potential impact of tariffs, earnings revival and the IT sector's outlook. Here are edited excerpts of the interview

Trump's tariffs came as a big surprise to India Inc. We have always enjoyed a healthy relationship with the US through various bilateral engagements, IT services exports, and a huge NRI community, so it is certainly disappointing that they specifically target Indian companies with the highest possible tariffs.

We started the year with a lot of ...