GIFT NIFTY reopened for Session II at 23,472 on September 11, gapping up 116.5 points or 0.5% from the Session I close of 23,355.50. The positive gap mirrored strength in European markets, which were trading higher three hours into their sessions when GIFT NIFTY resumed trading at 16:35 IST.
The Session II opening candle saw GIFT NIFTY climb as high as 23,474.50 before easing to close the first five-minute bar at 23,443. The index was trading at 23,468.50 as of 19:10 IST, up 13 points or 0.06% from the previous day's close of 23,455.50, with the day's cumulative range spanning 23,254 to 23,486.50 across both sessions.
European Markets Rally Mid-Session
European indices provided the primary cue for GIFT NIFTY's Session II open, with most major bourses posting gains by mid-afternoon. The DAX climbed 78.32 points or 0.31% to 25,479.55 as of 09:50 CET, while the FTSE 100 advanced 33 points or 0.31% to 10,641.92 as of 09:49 GMT. The CAC 40 Index showed strength at 8,158.79, up 0.52% or 42.03 points.
The broader Euro Stoxx 50 Index gained 0.64% to reach 6,310 points, building on momentum from the previous session when it closed at 6,268.97. The Euro Stoxx 50, which tracks 50 blue-chip stocks across the Eurozone, had declined 0.67% or 42.59 points on September 10, making the current session's rebound notable.
Cross-market strength was evident, with earlier data from May 2025 showing the DAX at 25,361.15 and the CAC 40 at 8,116.76, indicating European indices have held within familiar ranges. The FTSE MIB Index in Italy and Spain's IBEX 35 Index also featured in European trading data, though specific September 11 levels for these indices were not immediately available.
GIFT NIFTY Session II Snapshot
| Metric | Level |
|---|---|
| Session I Close (15:35 IST) | 23,355.50 |
| Session II Open (16:35 IST) | 23,472.00 |
| Session Gap | +116.50 (+0.5%) |
| Current LTP (19:10 IST) | 23,468.50 |
| Change vs Previous Day | +13.00 (+0.06%) |
| Day High | 23,486.50 |
| Day Low | 23,254.00 |
European Indices (Mid-Session)
| Index | Level | Change |
|---|---|---|
| DAX | 25,479.55 | +78.32 (+0.31%) |
| FTSE 100 | 10,641.92 | +33.00 (+0.31%) |
| CAC 40 | 8,158.79 | +42.03 (+0.52%) |
| Euro Stoxx 50 | 6,310.00 | +41.03 (+0.64%) |
Session II Outlook
GIFT NIFTY was holding near the 23,470 mark in early Session II trade, having pulled back modestly from the opening spike to 23,474.50. With European markets set to continue trading until around 21:00-22:00 IST and Session II running until 02:45 IST, further direction will depend on whether European gains hold through their closing hours and any overnight developments from U.S. futures markets.