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GIFT NIFTY News

GIFT NIFTY Ends at 24,139 as Nifty 50 Slides 0.86%, Sensex Sheds 756 Points

Indian equities closed sharply lower on Monday with Nifty falling 208 points to 23,842.65 while GIFT NIFTY tracked the selloff to settle 139 points higher at 24,139.

By · · 25d ago

Indian Market Close

Indian benchmark indices closed deep in the red on Monday, extending losses from the prior session. The Nifty 50 declined 207.95 points or 0.86% to close at 23,842.65, while the BSE Sensex dropped 756 points or 0.97% to settle at 76,795. At the session's worst, the Sensex was down 702.68 points, ending at 76,847.57 according to one data stream.

The sharp selloff came amid heightened volatility, with both indices slipping further below key psychological levels. Maruti led the decline on the Sensex, while broader market sentiment remained fragile as investors digested global cues and domestic flows.

IndexCloseChange (pts)Change (%)
Nifty 5023,842.65-207.95-0.86%
BSE Sensex76,795.00-756.00-0.97%

Session Drivers

The session opened on a weak note with the Nifty starting at 23,589.60 against a previous close of 24,050.60, immediately signaling bearish sentiment. The index traded in a range of 23,555.60 to 23,907.40 through the day, unable to recover from early losses.

Selling pressure was broad-based across sectors. The Sensex saw losses led by Maruti and other heavyweight stocks, pulling the index down sharply in morning trade. The Nifty remained under pressure throughout the session, closing near the lower end of its intraday range.

Institutional Flows

Foreign Institutional Investors (FIIs) were net buyers in the cash market on April 10 with net inflows of ₹672.09 crore, while Domestic Institutional Investors (DIIs) also supported the market with net purchases of ₹410.05 crore on the same date. In the derivatives segment, FIIs bought a net ₹3,438.35 crore in index futures, including ₹2,242.38 crore in Nifty futures and ₹1,158.61 crore in Bank Nifty futures.

On April 13, DIIs continued their buying spree with net purchases of ₹2,432.30 crore in the cash segment. Over the last 30 days, FIIs have been net sellers of ₹100,947.20 crore in equity, though they added ₹1,997.60 crore in debt.

Investor CategoryDateNet Buy/Sell (₹ Cr)
FII Cash10-Apr-2026+672.09
DII Cash10-Apr-2026+410.05
DII Cash13-Apr-2026+2,432.30
FII Index Futures10-Apr-2026+3,438.35

GIFT NIFTY Session

GIFT NIFTY opened Session I at 24,054.00 and rallied sharply in early trade, hitting an intraday high of 24,178.00 before pulling back to settle at 24,139.00, up 139 points or 0.58% from the previous close of 24,000.00. The session low was recorded at 24,026.00, giving the contract an intraday range of 152 points.

The overnight Session I showed a steady climb from the 23,900 level, consolidating near 24,000 ahead of the Indian cash market open. Once cash trade commenced at 09:00 IST, GIFT NIFTY surged past 24,160 within the first 20 minutes, tracking strong opening momentum before settling into a volatile range through the afternoon.

ParameterLevel
Open24,054.00
High24,178.00
Low24,026.00
LTP24,139.00
Change+139.00 (+0.58%)

Session II Outlook

GIFT NIFTY heads into Session II at 24,139.00, holding a 296-point premium to the Nifty 50 cash close of 23,842.65. The contract's resilience in the face of sharp cash market selling suggests overnight positioning remains cautiously optimistic, though volatility is likely to persist amid global uncertainty.

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.