The trends on Gift Nifty indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,974 level, a discount of nearly 298 points from the Nifty futures’ previous close.

The NSE Nifty 50 and BSE Sensex erased all gains from previous week. The indices finished the week with 1.39% and 1.30%, down, respectively. The NSE Nifty 50 ended 238.15 points or 0.98% down at 24,035.