GIFT Nifty, an early indicator for Indian equity markets, was trading 65 points lower (-0.27%) at 23,836 as of 08:50 AM, suggesting a cautious start on Monday. In the previous session, the Sensex surged by 1,508.91 points (+1.96%) to close at 78,553.20, while the Nifty 50 gained 414.45 points (+1.77%) to settle at 23,851.65. Here …