The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,093 level, a discount of nearly 167 points from the Nifty futures’ previous close.

The 30-share BSE Sensex opened below the 73,000 mark at 72,817.34, down 268.6 points from the previous session’s closing. The broader Nifty 50 index opened at 21,974.45

Indian benchmark indices, Sensex and Nifty, dropped after opening in green higher on Monday, following positive signals from other Asian markets, with IT and auto stocks leading the gains. The market also saw an uptick after Friday’s data revealed India’s economy grew by 6.