The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 22,860 level, a discount of nearly 80 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,913.15, while Sensex ended at 75,735.96. Overnight, Wall Street indices ended lower. Asian stocks were trading in a tight range in early trade today.

The stock market fell into the red for the fourth consecutive time this week after opening on Thursday, February 20, 2025.