Indian equity benchmarks, BSE Sensex and Nifty50, started Friday on a positive note but erased the gains later. At 10 am, the Sensex dropped by 180.68 points, or 0.24 per cent, to 76,339.70, while the Nifty fell by 69.

Analysts suggest that while talks of the US potentially lowering tariffs on China could offer temporary relief, underlying concerns continue to weigh on the markets.

BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Tuesday. While BSE Sensex crashed over 1,300