GIFT NIFTY reopened for Session II at 24,359.5 at 16:35 IST on Tuesday, slipping just 3 points or 0.01% from the Session I close of 24,362.5. The negligible gap pointed to a cautious start to the evening session, with the index holding near unchanged territory from the previous day's close of 24,471.0.
The flat opening came as GIFT NIFTY traded marginally lower on the day, down 0.5 points or 0.0% from Monday's close by early Session II. The day's range spanned 24,351.5 to 24,575.0 across both sessions, with the index opening Session I at 24,527.5 at 06:30 IST before settling into a narrow band by the afternoon.
| GIFT NIFTY Session II Snapshot | Level |
|---|---|
| Session I Close (15:35 IST) | 24,362.5 |
| Session II Open (16:35 IST) | 24,359.5 |
| Session Gap | -3.0 (-0.01%) |
| LTP (19:10 IST) | 24,471.5 |
| Change vs Previous Day | +0.5 (+0.0%) |
European Markets Show Divergent Moves
European markets traded mixed by mid-session as Session II opened, offering limited directional cues for GIFT NIFTY. Germany's DAX 40 advanced 0.26% to 26,391.42 by the European afternoon, adding 67.54 points, according to European stock index data. The German benchmark had earlier touched 26,504.54 during the session.
France's CAC 40 slipped 0.13% to 8,714.94, down 11.09 points from the previous close, while Britain's FTSE 100 edged lower by 0.07% to 10,837.03, shedding 7.16 points. The Euro Stoxx 50, tracking Eurozone supersector leaders, gained 0.24% to 6,551.22 at the European close, up 15.60 points from Monday's 6,535.62 finish.
The mixed performance across European bourses — with Germany and the broader Eurozone index in positive territory while Paris and London drifted lower — reflected a lack of conviction in mid-session trading. Sector-specific moves and rotation appeared to drive the divergence, though details on individual sector performance remained limited in available data.
GIFT NIFTY Trades Higher Into Evening Session
By 19:10 IST, GIFT NIFTY had climbed to 24,471.5, recovering 112 points from the Session II open and trading back near flat for the full day. The index steadied after the initial 16:35 IST candle, which ranged from 24,359.5 to 24,366.0 before closing at 24,364.5. Session II runs until 02:45 AM IST Wednesday, with European markets set to close around 21:00-22:00 IST, potentially bringing further volatility as liquidity thins.
| European Indices Mid-Session | Level | Change |
|---|---|---|
| DAX 40 | 26,391.42 | +67.54 (+0.26%) |
| CAC 40 | 8,714.94 | -11.09 (-0.13%) |
| FTSE 100 | 10,837.03 | -7.16 (-0.07%) |
| Euro Stoxx 50 | 6,551.22 | +15.60 (+0.24%) |