The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 24,529 level, a premium of nearly 156 points from the Nifty futures’ previous close.

The Nifty 50 and Sensex fell over 300 points from opening highs. Track live update on Indian stock markets here on April 25.

The Sensex declined 315 points to close at 79,801, while the Nifty lost 82 points to settle at 24,247, falling below the psychological 24,300 mark. Nifty Bank shed 169 points to end at 55,201 and the Nifty Midcap index fell 71 points to 54,