<h1>Market volatility from US tariff threats and capital flows; RBI provisioning on ICICI Bank cuts profit, hurts shares</h1> Market volatility driven by geopolitical tariff threats and capital flows: (a) announcement of additional US tariffs on select European countries constituted a policy action that precipitated a global risk-off response, causing domestic benchmark declines and sectoral sell-offs - operative effect: downward pressure on index levels and rotation into safe-haven assets. (b) A regulatory provisioning requirement imposed by RBI on ICICI Bank (Rs 1,283 crore) reclassified certain agricultural loans, legally mandating higher provisions - operative effect: reduced reported consolidated profit and contributed to the bank's share-price decline.