The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed stance, the index faced resistance near recent highs, indicating a technical pause within an uptrend. Traders are advised to remain cautious, protect profits, and await a breakout above 26,200–26,300 for confirmation.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on
June 29, 2026