The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,932 level, a discount of nearly 180 points from the Nifty futures’ previous close.

The Indian stock market crashed on Monday, January 27, 2025, with Sensex falling below 75,400 levels and Nifty 50 slipping below the 22,900 mark. Dragged by broad-based selloffs, both benchmarks have nosedived by more than 1% each.

Indian equity indices opened Monday’s trading session gap-down. The NSE Nifty 50 opened 171 points, or 0.74%, lower at 22,921.20, while the BSE Sensex fell 490.03 points, or 0.64%, to open at 75,700.43.

Foreign investors remained on a selling spree due to moderation in economic growth and the rupee depreciation.

The Nifty 50 tumbled 350 points from the day's high to end the session 0.60% lower at 23,079, concluding the week with a drop of 0.52%. Likewise, the Sensex wrapped up the session with a drop of 0.45%,