March 10 (Reuters) - India's benchmark indexes are likely to open little changed on Monday, after logging their biggest gains in three months last week, as uncertainty around U.S. tariffs continues to weigh on sentiments.

The GIFT Nifty futures GIFc1 were trading at 22,583.00 as of 08:20 a.m. IST, indicating that the blue-chip Nifty 50 .NSEI will likely open near Friday's close of 22,552.50.

U.S. jobs data and Federal Reserve Chair Jerome Powell's comments that the world's largest economy remains in good place have assuaged some fears of economic slowdown.

However, U.S. Commerce Secretary Howard Lutnick's remark that President Donald Trump won't let up his pressure on tariffs on Mexico, Canada, and China related to their handling of fentanyl may weigh on sentiment.

While a bullish consolidation is quite likely in the Indian market, any excessive optimism is likely to be fragile ahead of the U.S. reciprocal tariffs, Mehta Equities said.

Most Asian markets fell in early trade, with the MSCI Asia ex Japan .MIAPJ0000PUS down 0.4%, as China's consumer price index fell at the sharpest pace in 13 months in February, adding to growth worries from a fading U.S. economy and an escalating global trade war. MKTS/GLOB

Despite last week's gains, Indian benchmarks are down about 14% from record high levels hit in September 2024 due to concerns over slowing earnings, persistent foreign outflows and trade worries.

Foreign investors have sold Indian shares worth around $28 billion since late September 2024, with 20.35 billion rupees ($233.5 million) offloaded on Friday, provisional data showed.

STOCKS TO WATCH

** IndusInd Bank INBK.NS receives approval from the country's central bank to reappoint Sumant Kathpalia as chief executive officer for one year, short of the board's three-year term recommendation

** Lupin LUPN.NS launches its generic heart drug in the U.S. after the U.S. Food and Drug Administration's final approval

** Bharat Heavy Electricals BHEL.NS says Delhi High Court upholds interim award of 1.15 billion rupees to the company

** CLSA upgrades Infosys INFY.NS to "outperform" from "hold", citing discretionary demand revival and attractive price on the back of recent correction

** Sun Pharma SUN.NS says it will acquire U.S.-based immunotherapy firm Checkpoint Therapeutics CKPT.O in a deal valued up to $355 million

($1 = 87.1400 Indian rupees)

(Reporting by Vivek Kumar M and Bharath Rajeswaran in Bengaluru; Editing by Sumana Nandy)

((VivekKumar.M@thomsonreuters.com; bharath.rajeswaran@thomsonreuters.com))