GIFT NIFTY Session II Snapshot
| Metric | Level |
|---|---|
| Session I Close | 23,977.5 |
| Session II Open | 23,997.5 |
| Session Gap | +20.0 (+0.08%) |
| Current LTP | 24,031.0 |
| Change vs Previous Day Close | -11.0 (-0.05%) |
| Day High | 24,050.0 |
| Day Low | 23,900.5 |
GIFT NIFTY reopened for Session II at 23,997.5, a marginal gain of 20 points or 0.08% from the Session I close of 23,977.5. The contract held a tight opening range between 23,996.0 and 24,014.0 in the first five minutes, signaling a cautious start to the evening session.
The modest gap-up opening came as the benchmark remained just below the previous day's close of 24,042.0. GIFT NIFTY is currently trading at 24,031.0, down 11 points or 0.05% on the day, having touched an intraday high of 24,050.0 across both sessions combined.
European Markets Rally Mid-Session
European equities provided supportive cues heading into GIFT NIFTY's Session II, with all major indices trading in positive territory. The DAX climbed 324.81 points or 1.29% to 25,423.81, while the CAC 40 added 35.75 points or 0.43% to 8,408.03. The FTSE 100 gained 97.06 points or 0.91% on the day, according to available market data.
The Euro Stoxx 50, Europe's blue-chip barometer, advanced 0.95% to 6,340.61 as of mid-session trading. The index opened at 6,287.80 and climbed to an intraday high of 6,352.10, reflecting broad-based buying across eurozone heavyweights.
Market commentary suggested that falling oil prices helped lift sentiment across European bourses, though specific crude pricing data was not immediately available. The rally in Germany's DAX outpaced its peers, with the index pushing above 25,400 on strength in technology and industrial names.
European Index Performance
| Index | Level | Change |
|---|---|---|
| DAX 40 | 25,423.81 | +324.81 (+1.29%) |
| CAC 40 | 8,408.03 | +35.75 (+0.43%) |
| FTSE 100 | N/A | +97.06 (+0.91%) |
| Euro Stoxx 50 | 6,340.61 | +59.67 (+0.95%) |
Session II Outlook
GIFT NIFTY is trading at 24,031.0 in early Session II action, holding above the day's opening level of 23,900.5 but still below the previous close. The evening session runs until 02:45 AM IST, with European markets scheduled to close around 21:00-22:00 IST, which could introduce fresh volatility depending on how continental indices finish the day.