Investor confidence in Indian equities is dwindling amid escalating global trade tensions. The Nifty 50 and Sensex have recorded significant losses, with both indices on track for a rare five-month decline due to weak earnings and Trump’s proposed tariffs,

The open interest distribution for the Nifty 50 March 6 expiry series indicated most activity at 22,900 call strikes, and the 25,200 put strikes having the maximum open interest. Benchmark indices ended Thursday's session flat, with the media and realty sectors declining the most, while finance emerged as a top sectoral gainer, followed by metal.

Taking cue from the weak global trends, both BSE Sensex and NSE Nifty 50 tanked on Friday, leaving investors high and dry, making them poorer by over Rs 9 lakh crore. The market capitalisation of all listed companies on the BSE dropped by Rs 9.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,542 level, a discount of nearly 141 points from the Nifty futures’ previous close.

India’s stock benchmarks, the Sensex and Nifty, opened sharply lower on Friday, falling by one per cent as investors reacted to US President Donald Trump’s new tariff threats and awaited key GDP data for the December quarter.