GIFT NIFTY Session II Snapshot
| Metric | Level |
|---|---|
| Session I Close | 23,095.0 |
| Session II Open | 23,231.0 |
| Session Gap | +136.0 (+0.59%) |
| Current LTP | 23,205.0 |
| Change vs Prev Close | +16.5 (+0.07%) |
GIFT NIFTY reopened for Session II at 23,231, gapping up 136 points or 0.6% from the Session I close of 23,095. The opening candle saw an immediate spike to 23,239.50 before pulling back to close the first five minutes at 23,178.50, erasing most of the gap-up move.
The Session II open lifted GIFT NIFTY further above its previous day close of 23,188.50. As of 19:10 IST, the index was trading at 23,205, up 16.50 points or 0.07% for the day. The day's cumulative range across both sessions stood at 23,248.50 on the high and 23,056.50 on the low.
European Markets Trade Lower Mid-Session
The gap-up in GIFT NIFTY came despite a subdued European session, with major indices trading in negative territory through the afternoon. The DAX fell 0.6% to 25,266.53, while the CAC 40 declined 0.5% to 8,081.43. The FTSE 100 slipped 0.2% to 10,679.99, showing relatively smaller losses among the major bourses.
The Euro Stoxx 50, tracking blue-chip stocks across the Eurozone, dropped 0.4% to 6,272.50 at the close. The broader STOXX Europe 600 fell 0.5% to 637, extending losses across the European market landscape.
European markets had been trading for over three hours by the time GIFT NIFTY's Session II opened at 16:35 IST. The weakness across Continental bourses suggested limited external support for the GIFT NIFTY gap-up, which appeared driven more by domestic positioning ahead of the overnight session than by global cues.
European Indices Mid-Session Levels
| Index | Level | Change |
|---|---|---|
| FTSE 100 | 10,679.99 | -25.27 (-0.24%) |
| DAX | 25,266.53 | -0.57% |
| CAC 40 | 8,081.43 | -41.98 (-0.52%) |
| Euro Stoxx 50 | 6,272.50 | -27.32 (-0.43%) |
Session II Trading Ahead
GIFT NIFTY is trading at 23,205 as Session II progresses, holding above the opening pullback low of 23,177. Session II runs until 02:45 AM IST, and European markets will close around 21:00-21:30 IST, which could bring further directional cues or volatility as global flows adjust into the overnight session.