GIFT NIFTY reopened for Session II at 24,396 on Tuesday evening, slipping 18 points or 0.07% from its Session I close of 24,414. The near-flat gap reflected cautious positioning as European markets traded mixed through the afternoon.
The index opened Session II marginally below where it closed in the morning session, with the day's overall change standing at minus 9 points or 0.04% against the previous day's close of 24,364. Session I had seen GIFT NIFTY touch a day high of 24,490 before retreating into the afternoon close.
European Markets Trade Without Clear Direction
European indices presented a mixed picture as GIFT NIFTY traders returned for the evening session. The DAX traded at 24,356, up 61 points or 0.25%, providing the strongest lead among major bourses. The Frankfurt benchmark had earlier touched 24,320 before extending gains.
London's FTSE 100 wavered near unchanged levels at 10,496, down marginally by 1.85 points. Earlier in the session, the index had traded between 10,487 and 10,635, showing indecision among investors. Paris delivered a similarly muted performance with the CAC 40 at 8,243, up 7.73 points or 0.09%.
Separate data showed the FTSE 100 down 110.99 points or 1.05% at 10,498, while the CAC 40 fell 95.32 points or 1.14% to 8,235 — conflicting figures in the search results suggesting volatility across the European trading day. The Euro Stoxx 50, the Eurozone's blue-chip benchmark covering 50 stocks from eight countries, traded at 5,929, down 1.03 points or 0.02%.
GIFT NIFTY Extends Weakness Into Evening
GIFT NIFTY drifted lower in the opening minutes of Session II, with the last traded price at 24,355 as of 7:10 PM IST, down 41 points from the session open. The index had already tested the 24,364 level in the first 15 minutes of evening trade, matching the previous day's close. Session II runs until 2:45 AM IST, with European markets scheduled to close around 9:00-10:00 PM IST, which could bring fresh direction to the overnight session.
| Metric | Level |
|---|---|
| Session I Close | 24,414.0 |
| Session II Open | 24,396.0 |
| Session Gap | -18.0 (-0.07%) |
| Current LTP | 24,355.0 |
| Change vs Prev Close | -9.0 (-0.04%) |
| Day High | 24,490.0 |
| Day Low | 24,316.5 |
| Index | Level | Change |
|---|---|---|
| DAX | 24,356.07 | +61.06 (+0.25%) |
| FTSE 100 | 10,496.24 | -1.85 (-0.02%) |
| CAC 40 | 8,243.45 | +7.73 (+0.09%) |
| Euro Stoxx 50 | 5,929.22 | -1.03 (-0.02%) |