GIFT NIFTY reopened for Session II at 24,515.5 at 16:35 IST on Monday, down 18.5 points or 0.08% from the Session I close of 24,534.0. The marginal gap lower came despite European indices trading firmly in positive territory through the afternoon.
The index last traded at 24,578.5 as of 19:10 IST, up 63.0 points or 0.26% from the previous day's close of 24,515.5. The day's range so far spans 24,495.0 to 24,627.0, with the opening candle of Session II printing between 24,511.0 and 24,523.5 before closing at 24,520.5.
European Markets Rally to Record Highs
European equity benchmarks provided a supportive backdrop for Session II, with the Euro Stoxx 50 climbing 0.3% to 6,540 points — a fresh record high. The pan-European Stoxx Europe 600 also inched higher to 661, matching its all-time peak.
Germany's DAX 40 added 4.43 points or 0.02% to 26,323.88, hovering near the day's high of 26,441.91. France's CAC 40 firmed 11.10 points or 0.13% to 8,726.03, reaching an intraday high of 8,730.03. Both indices were trading in positive territory through the European afternoon session.
The UK's FTSE 100 underperformed, closing down 38.59 points or 0.35% at 10,862.50 at 16:35 BST (21:05 IST). The divergence between UK equities and continental European bourses reflected mixed sectoral flows, though specific drivers were not detailed in available market data.
Session II Range and Outlook
| Metric | Level |
|---|---|
| Session I Close | 24,534.0 |
| Session II Open | 24,515.5 |
| Session Gap | -18.5 (-0.08%) |
| Current LTP | 24,578.5 |
| Change vs Prev Day | +63.0 (+0.26%) |
| European Index | Level | Change |
|---|---|---|
| DAX 40 | 26,323.88 | +4.43 (+0.02%) |
| CAC 40 | 8,726.03 | +11.10 (+0.13%) |
| Euro Stoxx 50 | 6,540.00 | +16.14 (+0.25%) |
| FTSE 100 | 10,862.50 | -38.59 (-0.35%) |
GIFT NIFTY has erased the opening gap and pushed into positive territory early in Session II. European markets will continue trading until around 21:00-21:30 IST, providing directional cues through the first half of the overnight session, which runs until 02:45 IST on Tuesday morning.