GIFT Nifty Implied Open Today: SGX Nifty

GIFT Nifty live price today

22,664.50 ▲ +56.50 (+0.25%)
OPEN · Session 1 (Morning) · Asian & European overlap Break at 3:40 PM IST
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GIFT Nifty intraday chart

O22,558.50 · H22,667.50 · L22,451.50 · PC22,608.00 · R216.00
DATA · MONEYCONTROL / NSE IX · MAY BE DELAYED TICKS EVERY 30s

Nifty Implied Open Today

Nifty is open
📊 Bazaar Watch Read · Markets Desk

Near-Term Outlook

Updated 9:53 AM IST
Read: Subdued crude cushions pressure amid global weakness
  • Gift Nifty 22,572.50 (-0.16%) → Nifty status: Nifty is open
  • Crude fell 2.22% today to sit below its seven-day average, providing cost relief for oil-consuming sectors like paints and autos. However, US 10Y yields rose 0.81% today while remaining below their recent average, and USD/INR gained 0.03% to sit above its average, creating headwinds for foreign institutional inflows alongside Wall Street declines
  • Risk: Weak global indices and a firmer USD/INR exchange rate threatening foreign capital flows

  • Medium-Term Outlook & Price Forecast — Nifty 50:

    🔴 Bearish — The index trades below its rising 20, 50, and 200-day averages with a neutral RSI of 49.6, reflecting sustained downward momentum
  • Crude ▼ 101.0 · Gold ▲ 4,022 · USD/INR ▲ 94.96 · Dollar Index ▲ 101.6 · US 10Y yield ▲ 4.99 · S&P 500 ▼ 7,624 · Nasdaq ▼ 25,955
For indication only, not advice.

Pre-Market Reports

LATESTThe Big Picture
Cautious Morning Open Facing Nervous Markets26 Oct 2026
7:45 AM
  • Gift Nifty points to a small opening gain despite overnight losses across Wall Street.
  • A lower oil price helps the mood, but rising local nervousness creates a tug-of-war for the index.
Read full report →The Big Picture
Gap-up open clashes with rising nervousness23 Oct 2026
7:46 AM
  • Gift Nifty implies an opening gain of about 141 points to start the session.
  • Higher crude prices and rising market anxiety create strong crosscurrents for the index today.
The Big Picture
Nifty faces a sharp opening loss22 Oct 2026
7:45 AM
  • Gift Nifty points to a sizeable opening loss for the market today.
  • Rising crude prices and mounting anxiety add downward pressure to the open.
The Big Picture
Gift Nifty Signals Positive Open21 Oct 2026
7:51 AM
  • Gift Nifty points to a positive start for the market today.
  • Wall Street finished mixed and domestic funds stepped in strongly.
The Big Picture
Soft opening expected with mixed overnight signals19 Oct 2026
7:45 AM
  • Gift Nifty points to a negative start after Wall Street fell.
  • Lower crude oil prices offer relief for India's import bill.
  • The rough check points upward due to weaker oil.
The Big Picture
Gentle opening rise expected on Friday16 Oct 2026
7:45 AM
  • Gift Nifty points to an opening gain of about 84 points following a positive close on Wall Street and in Asia.
  • Crude oil prices softened slightly overnight and India VIX fell to 14.03.
↗ Market sentiment — FII/DII, PCR, breadth & top movers → I Tracked Crude Oil’s Most Violent Moves — This Is the Only Entry & Exit Plan Indian Traders Need Now
🌙

GLOBAL CUES — S&P 500, NASDAQ, GOLD & CRUDE

US MARKETS · DOLLAR · BONDS · GOLD · CRUDE

Quotes may be delayed; provider quote times are unavailable. Cash-index prices remain at their last available level when the market is closed.

S&P 500 Live Chart

S&P 500 index · ^GSPC
7,623.68—

Nasdaq Composite Live Chart

Nasdaq Composite · ^IXIC
25,955.34—

USD INR Live Chart

Dollar to Rupee · INR per USD
94.97—

Dollar Index Live Chart

DXY · Dollar Index
101.65—

US 10-Year Bond Yield

US Treasury yield · %
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Gold Price Live Chart

COMEX gold futures · USD/oz
4,023.50—

WTI Crude Oil Live Chart

WTI futures · USD/barrel
101.02—
↗ Gold, silver & crude — live ₹ price & chart → Natural Gas Trading Strategy on MCX: Lot Size, Volatility, Entry Rules, and Risk Control
↗ Global cues — US, Asia, forex & bond yields → BSE Limited: Analyzing Fundamentals, the Options Surge, and the Technical Outlook
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SGX Nifty today: what replaced it?

VERIFIED · POST-2023 MIGRATION
  • Migration date: 3 July 2023 (SGX Nifty stopped trading on 30 June 2023)
  • Venue: NSE International Exchange (NSE IX), GIFT City, Gandhinagar, Gujarat
  • Currency: USD-denominated
  • Regulator: IFSCA (International Financial Services Centres Authority)
  • Trading hours: Session 1: 6:30 AM – 3:40 PM IST · Break · Session 2: 4:35 PM – 2:45 AM IST, Monday to Friday (~21 hours total)
  • Lot size: 50 units
  • Who can trade: FPIs, NRIs, and institutions via IFSC-registered brokers. Indian resident retail investors cannot trade Gift Nifty directly.
↗ F&O heatmap — 160+ NSE stocks, high OI & max pain → Why We Rebuilt the Gold, Silver, Crude Oil and Natural Gas Charts
🧮

HOW GIFT NIFTY FUTURES PREMIUM WORKS

CARRY · DIVIDENDS · IMPLIED OPENING GAP

WHAT IS THE FUTURES PREMIUM

  • A futures contract usually trades at a different price than its underlying spot — that difference is the futures premium (or discount when negative)
  • For Gift Nifty, the premium reflects the cost of carrying Nifty 50 exposure forward to expiry
  • Main drivers: risk-free interest rate minus dividend yield of the underlying basket

THEORETICAL FUTURES PRICING FORMULA

F = S × e^((r − d) × t)
  • S = Nifty 50 spot
  • r = risk-free rate
  • d = expected annual Nifty 50 dividend yield, not a fixed constant
  • t = time to expiry in years
  • Gift Nifty's USD denomination adds a small USD/INR carry component on top

A SEPARATE OVERNIGHT MOVEMENT CHECK

  • The automatic estimate card above reverses the theoretical formula using the exchange's quoted contract and expiry, the published RBI repo rate as a financing proxy, and Nifty's published trailing dividend yield as a dividend proxy. The Near-Term Outlook repeats that same result; it does not calculate a separate opening estimate.
  • The following overnight-movement check is a different method, shown here for explanation. It is not the calculation used by the estimate card or the Near-Term Outlook line.
  • Estimated opening gap = Gift Nifty now − Gift Nifty at the previous Nifty close
  • Estimated Nifty open = previous Nifty 50 close + estimated opening gap
  • This check uses a Gift Nifty reference captured around 3:30 PM IST on the previous NSE trading day. It removes the futures premium already present at that close, rather than estimating that premium from rates.
  • This is an indication before the 9:15 AM bell, not a guaranteed opening price. If the matching reference is missing, the opening estimate is unavailable.

WORKED EXAMPLE (ILLUSTRATIVE)

  • Previous Nifty 50 close: 23,700
  • Gift Nifty at that close: 23,760; Gift Nifty now: 23,790
  • Estimated gap: 23,790 − 23,760 = +30 points
  • Estimated Nifty open: 23,700 + 30 = 23,730 — not the raw Gift Nifty level of 23,790

WHEN THE PREMIUM WIDENS

  • Interest rates rising
  • Dividends low or none upcoming
  • Overnight sentiment turns risk-on

WHEN THE PREMIUM NARROWS OR FLIPS TO DISCOUNT

  • Ex-dividend dates approaching
  • Risk-off mood (selling pressure)
  • Hawkish central bank surprises

BEHAVIOUR NEAR EXPIRY

  • The carry component shrinks as expiry nears
  • Premium converges toward zero on settlement day