The Nifty 50 index closed at 24,108 on Thursday, adding 16.85 points or 0.07%, while the Sensex ended at 77,104, up 170 points or 0.22%. The cash market struggled for direction through the session, with both benchmarks logging modest gains after a choppy day.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 24,108 | +16.85 | +0.07% |
| Sensex | 77,104 | +170 | +0.22% |
The Nifty opened weaker at 24,123 but recovered ground through the afternoon to close marginally higher. Intraday trading showed the benchmark oscillating in a 98-point band as investors assessed mixed sectoral trends.
Sectoral performance remained divergent with no clear leadership emerging. The session lacked major directional triggers, keeping participants cautious ahead of key macro data releases. Individual stock movements dominated trading activity rather than broad-based momentum.
GIFT NIFTY Session
GIFT NIFTY closed at 24,312 on Thursday evening, gaining 93 points or 0.38% from the previous close of 24,219. The Singapore-listed futures contract opened Session I at 24,211 and carved out an intraday range between 24,204 and 24,365, a 160-point spread reflecting heightened volatility.
| GIFT NIFTY | Level |
|---|---|
| Last Traded Price | 24,312 |
| Open | 24,211 |
| High | 24,365 |
| Low | 24,204 |
| Change | +93 (+0.38%) |
The contract tracked sideways through early Asian hours before staging a sharp rally just ahead of the Indian market open, surging from 24,210 to 24,276 in the 9:55 AM slot. A volatile afternoon session saw GIFT NIFTY spike to its session high of 24,365 around 12:45 PM during peak cash market activity, then retreat sharply to 24,210 by 2:25 PM before staging a late recovery into the evening close.
GIFT NIFTY heads into Session II at 24,312, holding a 204-point premium to the cash market close, with traders awaiting fresh global cues and domestic economic indicators for directional clarity.