The benchmark Sensex declined 319 points to end at 77,187, while the Nifty fell 121 points to settle at 23,361. Broader market sentiment remained weak as midcap stocks underperformed, with the Nifty Midcap index slipping 497 points to 52,

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,543 level, a premium of nearly 101 points from the Nifty future

Indian markets slipped as weak global cues and Trump’s tariffs on Canada, Mexico, and China fueled trade war fears. A stronger US dollar pushed the rupee to a record low of 87.29. Investor sentiment stayed cautious,