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GIFT NIFTY News

GIFT NIFTY Ends at 22,717 as Nifty 50 Slides 0.5%, Sensex Sheds 400 Points

Nifty 50 closed at 22,666.75, down 113.50 points, while GIFT NIFTY settled 105 points lower at 22,717 tracking a broad-based selloff in Indian equities.

By · · 9d ago

Indian Market Close

The Nifty 50 closed at 22,666.75, shedding 113.50 points or 0.50% in today's session, while the Sensex ended at 72,363.30, down 0.56%. The benchmark indices came under pressure throughout the day, with the Nifty opening at 22,732.45 and declining steadily as selling intensified across sectors.

IndexCloseChange% Change
Nifty 5022,666.75-113.50-0.50%
Sensex72,363.30—-0.56%

Market Drivers

Selling pressure was broad-based as the Nifty slipped below the 22,600 mark intraday before recovering marginally. The Nifty 50 has ranged between 22,182.55 and 26,373.20 over the past 52 weeks, with today's close falling closer to the lower end of that band. Market breadth remained weak throughout the session.

Sectoral performance data showed divergent moves, though specific sector-wise closing figures were limited in available reports. The Nifty Bank index closed at 55,580.40, adding 141.90 points, providing some support even as the broader market declined. The Nifty Financial Services index closed at 25,094.85, up 140.70 points, while the Nifty Next 50 ended at 71,778.65, gaining 397.20 points.

GIFT NIFTY Session

GIFT NIFTY closed at 22,717, down 105 points or 0.46% from its previous close of 22,822. The offshore derivative opened at 22,801 and tested an intraday high of 22,845 in early trade before coming under sustained selling pressure. The contract plunged to a session low of 22,585 around midday as volatility spiked, mirroring weakness in the domestic cash market.

The GIFT NIFTY session saw a sharp downdraft between 11:30 and 12:30 hours, with the contract tumbling from 22,808 to 22,587 in a matter of minutes before stabilizing. A recovery attempt emerged in the afternoon, lifting the contract back above 22,750, but late-session profit-booking dragged prices lower into the close.

MetricValue
Open22,801.0
High22,845.0
Low22,585.0
LTP22,717.0
Change-105.0 (-0.46%)

Session Outlook

GIFT NIFTY heads into the next session at 22,717, trading 51 points below the domestic Nifty 50 close, signaling cautious sentiment ahead of Tuesday's opening bell. The 260-point intraday range underscores heightened volatility as global cues and domestic catalysts continue to shape trading activity.

About the Author

HK
Hareesh K

Finance Research Executive · SEBI Registered

8+ years in equity research and market strategy. Previously at Geojit Financial Services, Muthoot Finance, and Federal Bank.