Gift Nifty is currently trading in the red, down 0.05% at 25,161.50. Here's a brief overview of its performance ¹ ²:
- *Current Price*: 25,161.50
- *Price Change*: -12.50 (-0.05%)
- *Day's High*: 25,187.5
- *Day's Low*: 25,160.5
- *Open Price*: 25,205.5
- *Previous Close*: 25,237
Gift Nifty has fallen 1.37% in the past week but has shown a 2.27% increase in the past year. It's a derivative contract linked to India's Nifty 50 index, allowing foreign investors to trade Indian equities in a regulated offshore market ² ¹.
Some analysts predict a bullish trend, with potential targets at 25,647.70 and 25,785.65. However, others note that the market can be volatile, influenced by global market cues and significant events like RBI policy announcements or GDP data releases ³ ⁴.
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