GIFT Nifty Session II Open
GIFT NIFTY reopened for Session II at 23,983.5 at 16:35 IST on June 29, 2026, slipping 15.5 points or 0.06% from the Session I close of 23,999. The index traded in a narrow 12-point range in the opening candle, touching a high of 23,993 and a low of 23,981 before settling at 23,981.5.
The marginal gap down marked an essentially flat reopen after Session I ended at 15:40 IST. Against the previous day's close of 23,954, GIFT NIFTY remained in positive territory for the day, up 19.5 points or 0.08%. The day's trading range spanned 197.5 points from a high of 24,139 to a low of 23,941.5, with the Session I open at 6:30 AM recorded at 24,062.
| Metric | Level |
|---|---|
| Session I Close | 23,999.0 |
| Session II Open | 23,983.5 |
| Gap (points) | -15.5 |
| Gap (%) | -0.06% |
| Current LTP | 23,973.5 |
| Change vs Previous Day | +19.5 (+0.08%) |
European Markets Mid-Session
European indices were trading mixed during their mid-session as GIFT NIFTY reopened, providing muted cues for Session II. The Euro Stoxx 50, a blue-chip barometer for the eurozone, had fallen 0.9% to 6,212 earlier in the week, marking a 1.2% weekly decline. By the close on June 26, the index stood at 6,221.55, down 45.98 points or 0.73% from its previous close of 6,267.53.
The broader European market tone reflected ongoing concerns about interest rates and geopolitical factors. The Stoxx 50 had edged up 0.2% at the weekly open before retreating. The FTSE 100 index, which tracks the 100 largest UK stocks, held a market capitalisation of $3.56 trillion, while Germany's DAX stood at $22.44 trillion in market cap.
The DAX index last traded at 24,671.22, down 323.61 points or 1.29%, having reached an intraday high of 24,869.63. France's CAC 40 index, tracking the largest stocks on Euronext Paris, declined 46.74 points or 0.55% to 8,384.87 from a previous close of 8,421.10. The CAC 40 market capitalisation stood at $2.80 trillion.
Session II Outlook
GIFT NIFTY was trading at 23,973.5 as of 19:10 IST, down 10 points from the Session II open and hovering near the lower end of the early range. Session II runs until 02:45 AM IST, with European markets scheduled to close around 21:00-22:00 IST, which could influence late-session trading dynamics.