The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 24,550 level, a premium of nearly 10 points from the Nifty futures’ previous close.

India stocks were lower after the close on Wednesday, as losses in the Power, Capital Goods and Fast Moving Consumer Goods sectors led shares lower. At the close in NSE, the Nifty 50 fell 0.15% to hit a new 1-month low,

Indian stock markets poised for a positive start on Monday, driven by global gains and strong sector performance. Sensex and Nifty 50 set for modest gains.

The Indian stock market faced significant selloffs, with the Sensex and Nifty 50 dropping over 1%. Mid and small-cap indices fell up to 4%, resulting in a market capitalisation decline of ₹9 lakh crore in one day.

The markets experienced a significant downturn on Tuesday as Hyundai Motors' IPO opened at a 1% discount, leading to declines in Indian benchmark indices. The Sensex fell by 931 points (-1.15%), meanwhile the Nifty dropped by 311.

At the closing bell, Sensex plunged 930.55 points to 80,220.72, while the Nifty fell 309 points to 24,472.10. The sharp decline wiped out nearly Rs 9 lakh crore in the BSE's market capitalisation, leaving many investors reeling.

Investor wealth, as suggested by the BSE m-cap, fell Rs 8.98 lakh crore to Rs 444.66 lakh crore compared with a valuation of Rs 453.65 lakh crore recorded in the previous session. Frontline stocks such as Reliance Industries Ltd (RIL),

Indian equity indices opened on a mixed note, tracking a muted showing on Wall Street overnight and Asian markets on Tuesday morning.