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.

Indian benchmark indices ended in the red on Thursday's trading session. While Sensex dipped 411.97 points or 0.51% to close at 80,334.81, Nifty on the other hand settled at 24,273.80, down 140.60 points or 0.