GIFT NIFTY reopened for Session II at 22,807.5 at 16:35 IST on September 30, gapping down 58 points or 0.25% from Session I's close of 22,865.5. The contract slipped further in the opening minutes, trading as low as 22,791.5 in the first candle before settling at 22,792.5.
By 19:10 IST, GIFT NIFTY was trading at 22,619.5, down 40 points or 0.18% from the previous day's close of 22,659.5. The day's range spans 22,563.5 to 22,892.0 across both sessions, with the contract declining through the first hour of evening trade.
European Markets Deliver Mixed Cues
European equities were trading mixed in mid-session as GIFT NIFTY reopened, offering limited directional conviction. France's CAC 40 was down 42.61 points or 0.53% at 8,035.87, leading losses among the region's major indices. The decline weighed on broader European sentiment despite pockets of strength elsewhere.
Germany's DAX 40 edged marginally higher, up 24.79 points or 0.10% to 25,399.21, according to one data source, though another reading showed the index at 25,389.78, up just 14.49 points or 0.06%. The narrow trading range suggested indecision as investors awaited fresh catalysts. Britain's FTSE 100 was reported down 48.17 points or 0.45% at 10,636.71, extending the cautious tone across London.
The Euro Stoxx 50, Europe's blue-chip benchmark for the Eurozone, closed the previous session at 6,320.26, up 18.98 points or 0.30%. No intraday data for September 30 was available in the search results for the broader European index.
GIFT NIFTY Session II Snapshot
| Metric | Level |
|---|---|
| Session I Close | 22,865.5 |
| Session II Open | 22,807.5 |
| Session Gap | -58.0 (-0.25%) |
| Current LTP (19:10 IST) | 22,619.5 |
| Change vs Prev Close | -40.0 (-0.18%) |
| Day High | 22,892.0 |
| Day Low | 22,563.5 |
European Indices Mid-Session
| Index | Level | Change |
|---|---|---|
| DAX 40 | 25,399.21 | +24.79 (+0.10%) |
| CAC 40 | 8,035.87 | -42.61 (-0.53%) |
| FTSE 100 | 10,636.71 | -48.17 (-0.45%) |
GIFT NIFTY's early Session II trajectory reflects the mixed European backdrop, with the contract slipping below the 22,800 mark and testing support levels established earlier in the day. Session II runs until 02:45 AM IST on October 1, with European markets scheduled to close around 21:00-22:00 IST, potentially bringing fresh volatility as offshore traders digest the regional close.