The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,750 level, a discount of nearly 90 points from the Nifty futures’ previous close.

China's mainline CSI 300, Shanghai, and Hong Kong's Heng Seng were down over 1 per cent in trade as the housing policy briefing in China failed to excite investors and property stocks slumped.

Experts recommend buying these five shares: Gujarat Fluorochemicals, Tech Mahindra, ICICI Lombard, Ambuja Cements, and LT

Experts are anticipating the reason behind the lower opening of Indian equity markets is the selling by foreign investors recently. At 9:02 am, during the pre-opening, the Sensex was 450.85 points or 0.