- Sets an all-time high single day trading activity of 3,86,350 contracts with turnover of US $15.25 billion (Rs 1,26,930 Crs. equivalent)
- Open interest stands at 3,09,141 contracts worth US $12.19 billion (Rs 1,01,433 Crs. equivalent) as on September 26, 2023
NE BUSINESS BUREAU
GIFT IFSC, GANDHINAGAR, SEPT 27
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 trading activities. Gift Nifty reached an all-time high single day trading activity of 3,86,350 contracts with turnover of US $15.25 billion (Rs 1,26,930 Crs. equivalent) on Tuesday, September 26, 2023. Gift Nifty breaks its previous record in a month when the turnover touched a high of US $12.98 billion 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 4.59 million contracts with total cumulative turnover of US $ 178.54 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, the statement added..