- Sets an all-time high first session single day trading activity of 5,18,522 contracts with turnover of US $22.27 billion (~Rs 1,85,098 Crs. equivalent)
- Gift Nifty surpassed its prior record of single day full session trading turnover of US $16.76 billion on November 28, 2023
NE BUSINESS BUREAU
GIFT IFSC, GANDHINAGAR, JAN 23
Gift Nifty, which stands as a new benchmark to the growth story of Indian equity market, on Tuesday recorded a new milestone and has added yet another feather in its cap in terms of trading activities. Gift Nifty reached an all-time high for the first session single day trading activity of 5,18,522 contracts with turnover of US $22.27 billion (~Rs 1,85,098 Crs. equivalent) on Tuesday.
Gift Nifty surpassed its prior record of single day full session trading turnover of US $16.76 billion on November 28, 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 10.84 million contracts with total cumulative turnover of US $ 430.06 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,” says a release.
