The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,093 level, a discount of nearly 167 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 22,119.30, while Sensex ended at 73,085.94. Overnight, Wall Street indices crashed post Trump tariffs.

The Nifty 50 is set to record a 10-day losing streak, which will mark the longest daily losing-run in the last 29 years.