The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,195 level, a premium of nearly 87 points from the Nifty futures’ previous close.

BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade for the fifth consecutive session on Tuesday. W

The stock market witnessed continued losses, driven by persistent foreign fund outflows amid concerns over a trade war. Over the last six days, investors have faced a wipeout, with the market losing Rs 18 lakh crore  and the BSE benchmark Sensex dropped by 3 percent.