The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 23,762 level, a discount of 7 points from the Nifty futures’ previous close.

Indian shares rebounded sharply on Monday after five days of steep decline as investors took to value buying at lower levels amid positive global cues. The 30-share BSE benchmark Sensex rose by 498.58 points,

LIVE: Indian benchmark equity indices were likely headed for a strong start, after lower-than-expected core inflation reading in the US boosted Wall Street shares there

Stock Market LIVE Updates | Indian markets continued their losing streak on Friday led by banks, capping one of the worst weeks in the recent past. Analysts said the November low around the 23,250 zone now emerges as the next key support for Nifty,

Gift Nifty was trading around 23,790 level, a premium of nearly 165 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.

The Nifty 50 index ended with losses of over 350 points on Friday, marking the fifth straight day of losses and also registering its worst week of 2024. 48 out of the 50 Nifty stocks ended the week with losses.