GIFT Nifty
GIFT Nifty Today
| Metric | Value | Read |
|---|---|---|
| GIFT Nifty Gap % | +0.641% | Normal Gap Up |
| GIFT Nifty Gap (points) | +145.35 pts | Normal Gap Up |
| Nifty Previous Close | 22729 | Reference level |
| Predicted Nifty Open | 22874.7 | Nifty previous close + gap |
GIFT Nifty is showing a gap of +0.641% (+145.35 points) as of Friday, 23 October 2026 — MarketCue's AI-Agentic platform reads this as a "Normal Gap Up". GIFT Nifty (formerly SGX Nifty) trades at GIFT City, Gujarat during hours that overlap with the Indian pre-market session, so its move relative to the previous close is used as the leading indicator for where Nifty is likely to open before the NSE cash market itself opens at 9:15 AM IST.
The predicted opening level is calculated directly from this gap: Predicted Open (points) = GIFT Nifty gap % ÷ 100 × Nifty's previous close. With Nifty's previous close at 22729, that puts the predicted open near 22874.7. This is a mechanical calculation, not a forecast model — the actual opening print can and does deviate from it based on overnight global cues, news, and order flow that GIFT Nifty itself may not fully capture by the time the cash market opens.
Gap % is also one of four weighted inputs to MarketCue's Stage 1 Market Bias score, contributing up to 45% of the total when more than 3 trading days remain to expiry (dropping to 25% inside the last 3 days, when Open Interest structure takes over as the dominant signal). Note that Sensex has no equivalent leading indicator to GIFT Nifty — its opening gap is only knowable once the BSE cash market itself opens.
Read the full MarketCue scoring methodology
Source: NSE option chain. .
Frequently asked questions
- What is GIFT Nifty?
- GIFT Nifty (formerly SGX Nifty) is a Nifty 50 derivative contract traded on the NSE International Exchange at GIFT City, Gujarat, during hours that overlap with Nifty's pre-market. Because it trades before the Indian cash market opens, its price move relative to the previous close is used as the leading indicator for where Nifty is likely to open.
- How accurate is GIFT Nifty at predicting Nifty's open?
- GIFT Nifty's predicted open (gap % applied to Nifty's previous close) is directionally reliable but not exact — the actual opening gap can differ from the GIFT Nifty-implied gap due to news, global market moves, or order-flow overnight. MarketCue's post-market reads track the difference between predicted and actual open. Sensex has no equivalent leading indicator.
- What does a positive GIFT Nifty gap mean?
- A positive GIFT Nifty gap means GIFT Nifty is trading above its reference close, implying Nifty is likely to open higher. MarketCue reads a gap above 0.75% as a Strong Gap Up, 0.25%–0.75% as a Normal Gap Up, and anything tighter than ±0.25% as Flat.