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Home Breaking News

GIFT Nifty sets an all-time high monthly turnover of US $100.93 bn for April 2025

by Nav Jeevan
10 months ago
in Breaking News, Business, Capital Market, Gandhinagar, Gift City, Gujarat
Reading Time: 1 min read
0
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GIFT Nifty sets an all-time high monthly turnover of US $100.93 bn for April 2025
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  • Highest-ever monthly turnover of 2.17 million contracts worth US $100.93 billion (INR 858, 445 Crs. equivalent) during April 2025

NE BUSINESSS BUREAU

GANDHINAGAR, MAY 5

GIFT Nifty, which stands as a new benchmark to the growth story of Indian equity market, recorded a new milestone and has added yet another feather in its cap in terms of achieving All-Time High Monthly Turnover of US $100.93 billion in the month of April 2025. This remarkable feat surpasses its previous record of US $100.7 billion set in September 2024, says a release from the NSE International Exchange (NSE IX) on Friday..

“This milestone reflects the growing global interest and trust in the GIFT Nifty as a benchmark for the India’s growth story.  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,” the statement added.

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 41.18 million contracts with total cumulative turnover of US $1.83 trillion till April 2025.

 

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