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Home National Atmanirbhar Bharat

Gift Nifty sets all-time high single day turnover of US $12.98 bn on August 29, 2023

by Nav Jeevan
2 years ago
in Atmanirbhar Bharat, Banking, Breaking News, Britain, Business, Canada, Capital Market, Central Gujarat, China, Dubai, Gandhinagar, Gujarat, National, Singapore, World
Reading Time: 1 min read
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Gift Nifty sets all-time high single day turnover of US $12.98 bn on August 29, 2023
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  •  Sets an all-time high single day trading activity of 3,36,535 contracts with turnover of US $12.98 billion (Rs 1,07,267 Crs. equivalent)
  • Open interest stands at 3,08,254 contracts worth US $11.93 billion (Rs 98,589 Crs. equivalent) as on August 29, 2023.

NE BUSINESS BUREAU

GIFT IFSC, GANDHINAGAR, AUG 30

Gift Nifty, which stands as a new benchmark to the growth story of Indian equity market, has reached an all-time high single day trading activity of 3,36,535 contracts with turnover of US $12.98 billion (Rs 1,07,267 Crs equivalent) on August 29, 2023.

Trading turnover on NSE IX has been growing exponentially since commencement of a full-scale operation of GIFT Nifty on July 3, 2023.  Since the first day of full-scale operations, Gift Nifty has witnessed a total cumulative volume of over 2.94 million contracts with total cumulative turnover of US $ 113.73 billion.

We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all the participants for their overwhelming support and making GIFT Nifty a successful contract.

Tags: $12.98 bn2023all-timeAugust 29daygifthighniftyofonsetssingleturnoverUS
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