GIFT NIFTY closed at 24,445 on July 31, 2026, advancing 51.5 points or 0.21% from the previous session's close of 24,393.5. The derivative contract tracked a narrow intraday range between 24,365.5 and 24,490.5, reflecting cautious positioning ahead of month-end settlements.
The session opened at 24,412.5 in overnight trade and remained range-bound through the Asian hours, drifting lower to test 24,366 in early European hours before recovering. GIFT NIFTY found support around the 24,400 mark multiple times during the day, staging modest rallies that failed to sustain momentum above 24,480.
Indian Market Closing Data Limited
Specific closing levels for the Nifty 50 and Sensex were not immediately available in market feeds at the time of filing. Historical data from late July showed the Nifty 50 trading in the 24,300 to 24,680 range, with the index recording marginal declines earlier in the week.
Sector-wise performance indicators remained sparse, though tracking data suggested select gains in financial services, electronic manufacturing, and electrical equipment sectors based on recent sessions. Water distribution and capital goods sectors also showed strength in prior trading days.
GIFT NIFTY Session Snapshot
| Metric | Level |
|---|---|
| Open | 24,412.5 |
| High | 24,490.5 |
| Low | 24,365.5 |
| Last Traded Price | 24,445.0 |
| Change | +51.5 (+0.21%) |
The derivative contract saw a sharp dip around midday IST, briefly touching the session low of 24,365.5 before buyers stepped in. A late-session rally in the final hour of Indian cash market trading pushed GIFT NIFTY toward the upper end of its range, peaking at 24,490.5 shortly after 3:30 PM IST.
Post-market action saw some profit-booking as GIFT NIFTY retreated from session highs, settling just below the psychological 24,450 mark as trading volumes thinned heading into the evening session.
Session II Outlook
GIFT NIFTY heads into the evening session at 24,445, maintaining a modest premium to the previous close. The 125-point intraday range suggests limited conviction, with traders likely awaiting fresh cues from global markets and domestic economic data releases scheduled for early August.