GIFT NIFTY Opens Session II With Marginal Gain
GIFT NIFTY reopened for Session II at 24,086.0 at 16:35 IST on July 1, gapping up 22.5 points or 0.09% from Session I's closing level of 24,063.5. The index touched 24,095.5 in the opening five-minute candle before settling at 24,094.5, reflecting a cautiously positive start to the late trading session.
The marginal gap higher extended GIFT NIFTY's gains versus the previous day's close of 24,044.0. As of 19:09 IST, the index was trading at 24,064.5, up 20.5 points or 0.09% on the day. The day's range spanned 24,113.0 on the high to 23,935.0 on the low, with both sessions combined accounting for the full-day price action.
| Metric | Level |
|---|---|
| Session I Close | 24,063.5 |
| Session II Open | 24,086.0 |
| Gap | +22.5 (+0.09%) |
| Current LTP (19:09 IST) | 24,064.5 |
| Change vs Previous Close | +20.5 (+0.09%) |
European Markets Trade Mixed Mid-Session
European indices were trading on divergent paths by mid-session as GIFT NIFTY reopened, offering mixed directional cues. Germany's DAX stood at 25,031.67, up 0.14% or 35.86 points, according to delayed data. The benchmark had touched 25,038.14 during the session and was positioned near record territory after Monday's close at 24,995.81 — suggesting a continuation of the previous session's 1.50% rally.
France's CAC 40 Index was down 0.29%, trading at 8,379.64 after losing 24.35 points from its opening level of 8,391.69. The index had closed Monday at 8,403.99, up 0.44%, but struggled to maintain momentum into Tuesday's session. Britain's FTSE 100 was marginally lower, trading at 10,487.16, down 9.96 points or 0.09%, according to delayed morning quotes. The index had closed Monday at 10,497.12, up 0.12%.
The Euro Stoxx 50, Europe's broader blue-chip benchmark for the eurozone, was last seen at 6,328.09 at Monday's close, up 96.46 points or 1.55%. Live intraday data for the Euro Stoxx 50 was not available in the session snapshot, but the prior day's strength suggested underlying resilience across eurozone supersector leaders.
| Index | Level | Change |
|---|---|---|
| DAX 40 | 25,031.67 | +35.86 (+0.14%) |
| CAC 40 | 8,379.64 | -24.35 (-0.29%) |
| FTSE 100 | 10,487.16 | -9.96 (-0.09%) |
Session II Outlook
GIFT NIFTY's early Session II gains retreated slightly from the opening pop, with the index consolidating around 24,064.5 by early evening IST. Session II runs until 02:45 AM IST Wednesday, and European markets will close around 21:00-22:00 IST, which could bring further volatility as GIFT NIFTY trades through the European close and into overnight Asian hours.