The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,925 level, a discount of nearly 20 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green after hitting fresh record highs. Nifty 50 closed at 25,939.05, while Sensex ended at 84,928.61. Nifty 50 is also around 60 points away from 26,

Indian equity markets were likely to open on a muted note, as indicated by GIFT Nifty futures, however, the record closing highs overnight on the Wall Street could boost sentiment.

GIFT Nifty was trading up 53 points or 0.20% at 26,012, indicating a positive start for the domestic indices NSE Nifty 50 and BSE Sensex. The Asian markets were trading on a higher note on Tuesday morning following overnight gains in the US markets.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session flat after hitting fresh record highs. Nifty 50 ended at 25,940.40, while Sensex ended at 84,914.04. Overnight, Wall Street indices Dow Jones and S&P 500 continued to post record highs.

Stock Market LIVE Updates | Indian benchmark indices, Sensex and Nifty, reached new record highs for the fourth straight session on Tuesday, continuing their upward momentum following the significant rate cut by the Federal Reserve last week.

Divi’s Laboratories, Bharti Airtel, M&M, SBI, and Adani Enterprises were the top gainers in the Nifty 50. While, ICICI Bank, Hindalco, Eicher Motors, HCL Technologies, and LTIMindtree were the major losers in the Nifty 50 on September 23. The NSE Nifty 50 opened 0.25% higher at 25,856.05, while the BSE Sensex opened 0.18% higher at 84,692.94.

Sensex, Nifty open largely flat on September 24 after a three-day rally. Indian stock market indices, Sensex and Nifty 50, paused on September 24 after a three-day rally to record highs, spurred by the US Fed's 50 basis point rate cut on September 18.

Indian equity benchmark indices BSE Sensex and Nifty 50 opened in the red on Tuesday, as markets took a breather while searching for fresh cues.