India’s benchmark indices ended higher on Friday, marking a second straight day of gains as investors remained upbeat on banks, consumer, and metal stocks, even though trade stayed largely rangebound. The Nifty closed at 24,894.25, up 57.95 points or 0.23%, while the Sensex advanced 223.86 points or 0.28% to settle at 81,207.17. Meanwhile, the volatility … Read more
GIFT Nifty, the flagship derivative contract traded on NSE International Exchange (NSE IX) at GIFT City, posted its highest-ever monthly turnover of $102.35 billion (Rs 8.75 lakh crore) in May 2025, marking a new milestone for the platform. This surpasses the previous monthly high of $100.93 billion recorded in April 2025. The total trading volume … Read more
Gift Nifty index recorded an all-time high single day trading activity of 38.63 lakh contracts with a turnover of USD 15.25 billion (about Rs 1.27 lakh crore) on Tuesday. The index surpassed its previous record of a turnover of USD 12.98 billion touched on August 29, NSE IX said in a statement on Wednesday. Gift … Read more
Mumbai: The Gift Nifty index registered its highest ever single-day turnover of $12.98 billion on August 29 with 336,535 contracts traded. The turnover on August 29 was equivalent to ₹1,07,267 crore, the index manager said. The open interest is at 3,08,254 contracts worth $11.93 billion on August 29. “Trading turnover on NSE IX has been … Read more
SGX Nifty, the Singapore Exchange-traded futures on Nifty 50 Index, turned to GIFT Nifty on Monday. Accordingly, all the open positions in SGX have been shifted to Gift City. Nithin Kamath said the shift will add momentum to GIFT City becoming a true international financial centre. “If we could also find a way to allow … Read more
Derivative contracts with a notional value of about $7.5 billion traded in Singapore will shift to India as a cross-border trading link between the two Asian countries’ top bourses gets fully operational on Monday. SGX Nifty, the Singapore Exchange Ltd.-traded futures on India’s key equity NSE Nifty 50 Index, will be known as GIFT Nifty … Read more
In what can be termed as a ‘Ghar Wapsi’ (return to home) of sorts for SGX Nifty, the early indicator of the Indian stock market is shifting base from Singapore Exchange to NSE International Exchange (NSE IX) in Gujarat’s Gandhinagar. SGX Nifty, used by offshore investors who trade in US dollars, will be suspended for … Read more