The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 22,860 level, a discount of nearly 80 points from the Nifty futures’ previous close.

BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Friday. While BSE Sensex dropped over 500 points, Nifty50 went below 22,800.

The stock market fell into the red for the third consecutive time this week after opening on Wednesday, February 19, 2025

Indian markets recovered from early losses, with Nifty 50 down 0.06% and Sensex up 0.04%. The broader market underperformed, as Nifty Midcap 100 fell 0.20% and Smallcap 100 dropped 1.59%. Investors are adopting a buy-on-dips approach.

Key stock indices closed slightly lower in volatile trading on Wednesday, with IT heavyweights leading the decline. The BSE Sensex