GIFT NIFTY Session II Opening
GIFT NIFTY reopened for Session II at 23,626.0 at 16:35 IST, posting a marginal gain of 12.5 points (0.05%) from the Session I close of 23,613.5. The index gapped up modestly in the evening session after trading under pressure through most of the day.
The index traded 28.5 points (0.12%) below the previous day close of 23,658.5 on a cumulative basis across both sessions. Session I had opened at 23,884.0 in the morning and traded down to a day low of 23,551.0 before stabilising into the afternoon close.
| Metric | Level |
|---|---|
| Session I Close | 23,613.5 |
| Session II Open | 23,626.0 |
| Session Gap | +12.5 (+0.05%) |
| Current LTP | 23,630.0 |
| Change vs Prev Day | -28.5 (-0.12%) |
| Day High | 23,897.0 |
| Day Low | 23,551.0 |
European Market Cues
The modest uptick into Session II reflected positive sentiment from European trading floors, where major indices were showing gains in mid-session trading. The DAX stood at 25,177.80, down 7.09 points (0.03%), a minor decline that marked a reversal from earlier weakness. The CAC 40 advanced 34.78 points (0.43%) to 8,207.89, providing the strongest performance among the major European benchmarks.
The Euro Stoxx 50 index closed at 6,070.54, up 6.39 points (0.11%), signaling measured optimism across eurozone equities. European markets had been trading for over three hours by the time GIFT NIFTY reopened, establishing a directional cue for the evening session.
Market cap data showed the FTSE 100 commanding $3.49 trillion, ahead of the CAC 40 at $2.82 trillion and the DAX at $2.44 trillion. The FTSE 100 itself traded without clear directional data in the search results, though the index remained part of the broader European stability narrative.
Session II Early Trading
GIFT NIFTY was trading at 23,630.0 as of 19:10 IST, holding near the Session II open and showing limited volatility in the opening half-hour. The index has room to extend in either direction through the remainder of Session II, which runs until 02:45 AM IST. European markets will close around 21:00-22:00 IST, potentially removing a key directional influence for the final hours of trading.