The GIFT Nifty was trading lower near 25,170 early Monday, indicating a negative start for the Indian markets.
The futures contract based on the benchmark Nifty 50 fell 0.08% at 25,172 as of 6:42 a.m.
Indian benchmark equity indices fell for the third straight session on Friday, driven by declines in HDFC Bank Ltd., Reliance Industries Ltd., and Tata Consultancy Services Ltd.
The NSE Nifty 50 ended 0.81% lower, while the BSE Sensex closed 0.83% down on Friday.