Indian Market Close
The Nifty 50 closed at 24,056, up 34.35 points or 0.14%, while the Sensex settled at 77,100.47, gaining 109.25 points. The session saw the benchmark indices open higher and trade in a range, with the Nifty touching an intraday high of 24,261.60 and a low of 24,039.
Nifty Bank edged up 26.70 points to close at 58,177.05, while the IT index underperformed, shedding 235.85 points to end at 27,330.85. The divergence between banking strength and technology weakness marked the session's character.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 24,056.00 | +34.35 | +0.14% |
| Sensex | 77,100.47 | +109.25 | +0.14% |
| Nifty Bank | 58,177.05 | +26.70 | +0.05% |
| Nifty IT | 27,330.85 | -235.85 | -0.86% |
GIFT NIFTY Session
GIFT NIFTY closed at 24,071, down 10.5 points or 0.04% from the previous close of 24,081.50. The contract opened at 24,038.50 and traded in a 174.5-point range between a low of 23,937.50 and a high of 24,112.
The offshore derivative contract saw a volatile session with early weakness in the pre-open hours before recovering alongside the cash market rally during Indian trading hours. GIFT NIFTY tracked the Nifty 50's modest gains, closing marginally below the previous session despite the cash market's positive finish.
| GIFT NIFTY | Level |
|---|---|
| Last Traded Price | 24,071.0 |
| Open | 24,038.5 |
| High | 24,112.0 |
| Low | 23,937.5 |
| Change | -10.5 (-0.04%) |
Session Outlook
GIFT NIFTY heads into Session II at 24,071, holding near the day's mid-range as global cues await. The contract remains positioned just below the cash market close, reflecting a cautious tone ahead of overnight trading.