GIFT NIFTY Opens Session II Nearly Unchanged
GIFT NIFTY reopened for Session II at 23,950 on Tuesday evening, posting a negligible gap of 2.5 points or 0.01% above the Session I close of 23,947.5. The flat opening reflected cautious positioning as European markets traded in positive territory mid-session.
The index had declined through the final hour of Session I, slipping from 23,974.5 at 15:25 to 23,947.5 by the 15:40 close. Session II opened virtually unchanged and drifted within a narrow 13.5-point range in the first candle, touching 23,954.5 before settling at 23,949. At 19:10 IST, GIFT NIFTY was trading at 23,990, up 28.5 points or 0.12% from the previous day's close of 23,961.5.
| Metric | Level |
|---|---|
| Session I Close (15:40) | 23,947.5 |
| Session II Open (16:35) | 23,950.0 |
| Session Gap | +2.5 (+0.01%) |
| Current LTP (19:10 IST) | 23,990.0 |
| Change vs Prev Close | +28.5 (+0.12%) |
European Markets Trade Higher Mid-Session
European equity benchmarks were trading in positive territory as GIFT NIFTY Session II commenced, providing a modestly supportive backdrop. Germany's DAX 40 was trading at 25,011.35, up 164.66 points or 0.66%, according to real-time market data. France's CAC 40 stood at 8,363.14, gaining 23.03 points or 0.28%.
The gains reflected steady risk appetite across European bourses after three hours of trading. The DAX's advance of nearly two-thirds of a percent marked the strongest performance among major European indices, while the CAC 40's more modest gain suggested selective buying rather than broad-based momentum.
The broader Euro Stoxx 50, tracking large-cap Eurozone stocks, also traded higher during the European afternoon. Market participants in Europe appeared to be consolidating gains from earlier sessions, with no major economic releases or central bank commentary disrupting the positive tone.
| Index | Level | Change | % Change |
|---|---|---|---|
| DAX 40 | 25,011.35 | +164.66 | +0.66% |
| CAC 40 | 8,363.14 | +23.03 | +0.28% |
Session II Range Remains Tight
GIFT NIFTY has climbed roughly 40 points from the Session II open, trading near 23,990 as European markets maintain gains into their afternoon session. The day's cumulative high of 24,131.5—set during Session I—remains well above current levels, while the day low of 23,926 was also recorded during the earlier session. With Session II running until 02:45 AM IST and European markets scheduled to close around 21:00-21:30 IST, further directional cues will depend on late European flows and any overnight developments.