The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,715 level, a premium of nearly 25 points from the Nifty futures’ previous close.

Stock Market LIVE Updates | Indian stock markets fell on Monday, driven by negative global signals after Donald Trump’s decision to impose tariffs on Canada, Mexico, and China heightened fears of a trade war.

The charts of Bank Nifty indicate that it may get support at 48,500, followed by 48,200 and 47,900. If the index advances further, 49,000 would be the initial key resistance, followed by 49,300 and 49,600, said experts.