- July 26, 2023
Nifty: Gift Nifty sets record-high single day turnover of $12.39 billion – Times of India
According to NSE IX, the trading turnover has been growing exponentially since its full-scale operations commenced on July 3. Since then, Gift Nifty saw a cumulative volume of 11.09 lakh contracts with a combined turnover of $42.89 billion. “These volumes demonstrate the growing participation from international investors and attractiveness of this arrangement,” GIFT Nifty said.
Gift Nifty offers access to Gift Nifty 50, Gift Nifty Bank, Gift Nifty Financial Services and Gift Nifty IT derivative contracts on NSE IX. “These contracts are accessible for almost 21 hours, which overlaps Asia, Europe and Us trading hours. Gift Nifty offers a single pool of liquidity and venue to access USD denominated Nifty derivatives at NSE IX,” GIFT Nifty further adds.