Indian Market Close
The Nifty 50 closed at 24,353.55, up 156.80 points or 0.65%, while the BSE Sensex gained 505 points or 0.65% to settle at 78,494. The session saw the Nifty trade in a range of 24,096.05 to 24,371.90, with both benchmarks ending firmly in positive territory after a steady session.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 24,353.55 | +156.80 | +0.65% |
| Sensex | 78,494.00 | +505.00 | +0.65% |
Broader Market Performance
Broader indices participated in the rally, with the BSE 100 advancing 0.41% to 25,861.79 and the Nifty 200 rising 0.46% to 13,927.30. The Nifty Smallcap 100 gained 0.18% to close at 17,597.15, underperforming the frontline indices.
Among top gainers tracked, Hindustan Unilever traded between ₹2,133 and ₹2,245 before closing at ₹2,139.10, while JSW Steel moved in a range of ₹1,198.60 to ₹1,242.30 to end at ₹1,214.90. State Bank of India, Trent, and ICICI Bank featured among the session's top performers, contributing to the benchmark advance.
GIFT NIFTY Session
GIFT NIFTY closed at 24,319, down 383.5 points or 1.55% from its previous close of 24,702.50, tracking sharp post-cash-market volatility. The derivative opened at 24,500 and hit an intraday high of 24,503 in early trade before turning sharply lower.
| Metric | Level |
|---|---|
| Open | 24,500.0 |
| High | 24,503.0 |
| Low | 24,264.0 |
| LTP | 24,319.0 |
| Change | -383.5 (-1.55%) |
The contract traded range-bound through the Indian market hours before plunging in the post-3:30 PM session, dropping from the 24,470 zone to test a low of 24,264 around 5:45 PM SGT. A brief recovery attempt lifted the contract to the 24,425 area by 5 PM before renewed selling pushed it back below 24,320 into the final hour of trade.
Session II Outlook
GIFT NIFTY heads into Session II at 24,319, trading 34.55 points below the Nifty 50 cash close and signaling a weaker start for Monday's opening in India. The 239-point intraday range reflects heightened volatility in derivative trade despite steady cash market conditions.