New Delhi, June 8 -- Indian benchmark indices Sensex and Nifty 50 are poised for a sharply lower start on Monday, 8 June, mirroring a global market selloff triggered by escalating Middle East tensions and diminishing hopes of a near-term breakthrough in the broader US-Iran conflict.

Gift Nifty was trading near 23,096, around 356 points below the previous close of Nifty futures, signalling a significant gap-down opening for domestic equities.

Global sentiment remained under pressure as Asian markets declined across the board in early trade, while Wall Street ended sharply lower on Friday. The Nasdaq posted its steepest single-day fall since April 2025, as investors moved away from risk assets amid growing geopolitical uncertainty and con...