Indian equity markets showed signs of a weak start on April 16 and April 17, 2025, as indicated by the GIFT Nifty futures trading at a discount to Nifty 50 futures. On April 16, GIFT Nifty was down nearly 70 points from the previous Nifty futures close, suggesting a negative opening. The Sensex opened mixed and muted, initially rising by 111.91 points to 76,846.80 before weakening amid global market softness following a lower close on Wall Street. By later in the day, the Sensex had fallen 165 points to 76,570, and the Nifty 50 was trading down 52 points at 23,277. On April 17, GIFT Nifty futures again indicated a weak start, trading around 23,329, down approximately 104 points from the previous close. Market participants remained cautious due to concerns over U.S. tariff signals, foreign portfolio investor (FPI) flows, and corporate earnings. Despite the pressure, foreign institutional investors (FIIs) injected ₹3,936 crore into the market on April 16, while domestic institutional investors (DIIs) booked profits worth ₹2,513 crore. Stocks such as Infosys, Wipro, Angel One, and MMTC were highlighted as key focus points amid the trading activity.