BSE Sensex and Nifty50, the Indian equity benchmark indices, continues to tank for the fifth consecutive day on Tuesday. While BSE Sensex crashed over 1,100 points, Nifty50 was below 23,100.

The trends on Gift Nifty indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 23,480 level, a premium of nearly 20 points from the Nifty futures’ previous close.

Sensex and Nifty opened lower as global markets reacted to US tariff hikes. Sensex fell 100 points, Nifty dropped below 23,400, and Eicher Motors plunged 5 per cent.