Session II Opens Higher on European Trading Cues
GIFT NIFTY reopened for Session II at 24,093.5 at 16:35 IST on April 30, 2026, marking a gap of 110.5 points or 0.46% above Session I's close of 23,983.0. The opening candle saw an immediate high of 24,094.5 before settling near the opening level, signaling a cautious but positive start to the evening session.
The gap-up opening reflects modest bullish sentiment as traders digested mixed signals from European markets, which have been in session for over three hours. Against the previous day's close of 24,143.0, GIFT NIFTY is now trading marginally higher by 5.0 points or 0.02%, recovering from Session I's intraday low of 23,821.5.
| Metric | Value |
|---|---|
| Session I Close | 23,983.0 |
| Session II Open | 24,093.5 |
| Session Gap | +110.5 (+0.46%) |
| Current LTP | 24,148.0 |
| Change vs Prev Day Close | +5.0 (+0.02%) |
European Markets Trade Mixed Mid-Session
European equity markets presented a divergent picture during mid-session trading, offering conflicting cues for GIFT NIFTY's Session II trajectory. The FTSE 100 emerged as the standout performer, climbing 107.33 points or 1.05% to 10,320.44 as of 11:08 AM GMT+1, according to delayed quotes. The British benchmark's rally provided the primary tailwind for GIFT NIFTY's gap-up reopening.
Germany's DAX, however, pulled in the opposite direction, declining 153.74 points or 0.64% to 23,790.00 as of 08:13 GMT, while another snapshot showed the index down 46.86 points or 0.20% at 23,907.70. France's CAC 40 also retreated, falling 89.38 points or 1.11% to 7,982.75, reflecting weakness in continental European equities despite the FTSE's advance.
The Euro Stoxx 50, representing the broader Eurozone equity market, declined 19.62 points or 0.34% to 5,816.48 at the close of April 29 trading. Mid-session data for April 30 was not available in the search results, though the index's recent trajectory suggests continued caution among Eurozone investors.
Session II Outlook
GIFT NIFTY is currently trading at 24,148.0, up 54.5 points from the Session II open and testing the upper end of the early evening range. With Session II running until 02:45 AM IST on May 1 and European markets scheduled to close around 9-10 PM IST, further directional moves could emerge as continental bourses wind down their sessions. The day's cumulative high of 24,200.0 remains within reach if European sentiment stabilizes.