The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,885 level, a discount of nearly 100 points from the Nifty futures’ previous close.

India stocks were higher after the close on Tuesday, as gains in the Capital Goods, Power and Public Sector Undertakings sectors led shares higher. At the close in NSE, the Nifty 50 added 0.88%, while the BSE Sensex 30 index

Indian stock market braces for a volatile session following global market sell-off. Key factors influencing markets include FII outflows, crude oil prices, and RBI policy.

Nifty-50 index that continues its correction phase has declined below the crucial support of 25100-25000 levels recently and could slide down towards another lower support of around 24500-24400 in the near term,

Despite some analysts hoping that foreign portfolio investment (FPI) outflows from India might reverse, further declines in Indian stocks cannot be dismissed, as per experts.

On Monday, the BSE Sensex fell by 638.45 points to close at 81,050, while the Nifty index dropped by 197.30 points, ending at 24,817.30. Notable gainers included Mahindra and Mahindra and ITC, whereas Adani Ports and SBI were among the top losers.

This week, the Nifty 50 and Sensex saw their steepest decline since June 2022, both dropping over 4%, driven by global uncertainty and geopolitical tensions. Key contributors to this downturn included Hero MotoCorp,