The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,925 level, a discount of nearly 25 points from the Nifty futures’ previous close.

Indian equities in a highly volatile session ended Monday's session (October 21). Nifty closed the session at 24,781.1, down 0.29 per cent or 72.95 points, while Sensex ended lower by 0.09 per cent or 73.48 points at 81,151.27. Broader markets, however, tumbled sharply with Nifty Midcap 100 ending 1.7 per cent lower.

The S&P BSE Sensex was down 73.48 points to close at 81,151.27, while the NSE Nifty50 lost 72.95 points to end at 24,781.10.

The Nifty 50 wrapped up the session with a drop of 0.45%, closing at 24,741, while the Sensex finished the trading day down by 0.05%, closing at 81,180.

Domestic benchmark indices Sensex and Nifty on Thursday, October 17, plunged amid the expiry of the weekly Nifty50 derivative (F&O) contracts. The BSE Sensex closed 494.75 points or 0.61 per cent lower at 81,

Experts are anticipating the reason behind the lower opening of Indian equity markets is the selling by foreign investors recently. At 9:02 am, during the pre-opening, the Sensex was 450.85 points or 0.

Experts recommend buying these five shares: Gujarat Fluorochemicals, Tech Mahindra, ICICI Lombard, Ambuja Cements, and LT