Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices dropped Tuesday after the president confirmed plans to issue an executive order to punish those that he said discriminate against conservatives.

President Donald Trump accused two of the nation’s largest banks of rejecting his business, as his administration was preparing an executive order threatening financial institutions who refused to work with certain customers on ideological grounds.

Despite recent tariff threats from President Trump, the Indian stock market shows resilience, yet experts warn of potential volatility. With a focus on select sectors, investors are advised to stay cautious and consider diversifying into gold and fixed income as a hedge against uncertainties.