The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,561 level, a discount of nearly 54 points from the Nifty futures’ previous close.

The stock market plunged into the red upon opening as trading began on Monday, February 10, 2025, dragged down by metal and healthcare stocks. At 9:20 am IST, the benchmark BSE Sensex was down by 302.

Sensex and Nifty 50 are falling today. The BSE Sensex and Nifty 5o dopped more than 0.75 per cent in the early morning trade. The selling came after Trump announced to impose 25 per cent tariff on steel and aluminium imports.

The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,715 level, a premium of nearly 25 points from the Nifty futures’ previous close.

Indian equity markets started the week on a weaker note, with key indices slipping in early trade. The NSE Nifty 50 opened at 23,522.45, falling 37.50 points or 0.16 %, while the BSE Sensex dropped 250.62 points or 0.32% to 77,609.57.

Despite a 25-basis-point repo rate cut by the Reserve Bank of India, the market closed largely in the red. However, midcap stocks continued to outperform, with the midcap index closing in positive territory.

The GIFT Nifty implied that the markets would open on a higher note. It was up 68 points, or 0.28%, at 23,840. During the pre-open session, the Nifty 50 was up 62.50 points, or 0.26%, at 23,801.75, while the Sensex was up 120.79 points, or 0.15%, at 78,704.60.