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 Indian stock market ended the first trading session of March in the negative territory. The BSE Sensex settled just over 73K at 73,085.94, tanking more than 100 points, while the NSE Nifty50 ended trading at 22,

The stock market went into the red despite early trade showing positive signs. Mid and small cap IT, telecom, and financial services stocks, along with media stocks fell the most. At 10:50 am IST, the benchmark BSE Sensex fell by 208.

The Nifty 50 ended the session with a slight decline of 0.02%, closing at 22,119, while the Sensex fell 0.09% to finish at 73,085 compared to Friday’s close. The broader market ended mixed, with the Nifty Midcap 100 index gaining 0.