The Nifty 50 closed above 23,900 on Tuesday, extending gains from the previous session, while the Sensex edged higher in a choppy trading day. GIFT NIFTY mirrored the domestic market's strength, ending at 23,959, up 46 points or 0.19% from the previous close of 23,913.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 23,913.70 | — | — |
| GIFT NIFTY | 23,959.00 | +46.00 | +0.19% |
Auto and Metals Lead Sectoral Gains
Auto stocks emerged as the day's top performers, with Bajaj Auto climbing to ₹10,641.50 and Maruti Suzuki advancing to ₹13,329. Metals stocks also gained traction, led by Hindalco Industries, which rose to ₹1,118, and Vedanta.
ONGC added to the gains, moving up to ₹289.65. The market showed resilience despite intraday volatility, with the Nifty 50 trading in a range between 23,868.50 and 23,983.20 during the session. The index opened at 23,880.35 before finding support and pushing higher into the close.
GIFT NIFTY Tracks Domestic Strength
GIFT NIFTY opened at 23,911.50 and climbed to an intraday high of 24,016.50 before paring some gains. The offshore index traded in a 145.50-point range between 23,871 and 24,016.50, tracking the cash market's fluctuations through the day. After a volatile mid-session that saw the index briefly touch the 24,000 mark, GIFT NIFTY settled near session lows at 23,959.
| Metric | Level |
|---|---|
| Open | 23,911.50 |
| High | 24,016.50 |
| Low | 23,871.00 |
| Last Traded Price | 23,959.00 |
| Change | +46.00 (+0.19%) |
The offshore derivative tracked the Nifty's move above 23,900, maintaining a modest premium to the cash index as it heads into Wednesday's Session II trading window.