India’s benchmark indices Nifty 50 and Sensex started the day in the red on Tuesday. Nifty 50 sank below the 24,500 mark, going down around 0.77% to trade at 24,487.70 points while the Sensex was down 0.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,661 level, a discount of nearly 75 points from the Nifty futures’ previous close.

Should a breakout above 24,775 materialise in Nifty50 index, the next resistance levels to watch will be 25,125 and 25,625, Nifty chart shows