The trends on Gift Nifty indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,974 level, a discount of nearly 298 points from the Nifty futures’ previous close.

Despite positive global cues, Indian markets opened weak on Friday, with the Nifty slipping below the 24,000 mark amid rising tensions between India and Pakistan. The Sensex dropped 495.69 points, or 0.

Indian shares fell on Thursday in their most volatile session in a month after the country said it "neutralised" attempts by Pakistan to "engage" several military targets in its northern and western regions.