The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,583 level, a discount of nearly 63 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended in the red. Nifty 50 closed at 23,526.50, while Sensex ended at 77,620.21.TCS, IREDA, Mahanagar as, MAzagon Dock, Polyplex Corporation, Tata Elexsi,

For benchmark Nifty-50 index, 23650 will be the key level to watch. Below this level, the market could continue its weak formation till 23400-23375. Conversely, if it rises above 23650, it could bounce back to 23750-23800,

Benchmark indices Nifty and Sensex failed to maintain their early momentum on Friday, slipping into the red for the third consecutive session as 12 out of 13 sectoral indices saw losses, primarily due to declines in public sector banks and metals.

Sensex and Nifty50 traded lower on Friday despite gains in IT stocks. Both indices were impacted by declines in Reliance Industries, banking, and financial stocks. TCS met quarterly profit estimates.

The IT index was in the green, mostly because of Tata Consultancy Services which published its Q3 earnings, showing a net profit rise of 11.59% to ₹12,380 crore

The Indian equity market continued its losses from the previous session on Thursday, with the Nifty closing below 23,550 due to broad-based selling, except in the FMCG sector. Despite mixed global cues,

Indian stock market benchmarks Sensex and Nifty 50 fell 0.80% in intraday trade on January 9, marking the second consecutive session of decline due to weak global cues and rising US dollar and bond yields.