GIFT NIFTY Live Chart

About GIFT Nifty

Gift Nifty (formerly known as SGX Nifty) refers to the Nifty 50 index futures contracts traded on the NSE International Exchange (NSE IFSC) at GIFT City (Gujarat International Finance Tec-City) in India. These futures contracts track the performance of the Nifty 50 index, which represents the 50 largest and most liquid companies listed on the National Stock Exchange of India (NSE).

Gift Nifty provides global investors with an avenue to trade Indian equity index futures outside of the regular Indian market hours, making it a key instrument for foreign institutional investors and global traders who want exposure to the Indian stock market. It offers nearly 24-hour trading, bridging the gap for international traders who need to manage their positions when Indian markets are closed.

Previously known as SGX Nifty (traded on the Singapore Exchange), the transition to Gift Nifty aims to centralize the trading of Indian derivatives within India itself, enhancing liquidity and bringing greater alignment with India’s regulatory framework.

Key Features of Gift Nifty:

  1. Extended Trading Hours: Gift Nifty operates nearly 24 hours, allowing global investors to trade Indian stock futures even when the domestic markets are closed.
  2. Global Participation: It caters to global traders and investors, offering them exposure to India’s stock market index, the Nifty 50.
  3. Hedging Tool: Gift Nifty is commonly used by foreign investors to hedge their exposure to the Indian equity market.

GIFT NIFTY FAQ’s

Gift Nifty refers to the Nifty 50 index futures contracts traded on the NSE International Exchange at GIFT City, India, providing international investors access to Indian stock market exposure.

Gift Nifty represents futures contracts for the Nifty 50 index and is traded outside of India’s regular market hours on an international platform, whereas the Nifty 50 index itself tracks the performance of 50 large companies listed on the Indian National Stock Exchange (NSE).

It is called Gift Nifty because it is traded at GIFT City (Gujarat International Finance Tec-City), India’s international financial services hub.

Gift Nifty was previously known as SGX Nifty, traded on the Singapore Exchange. The transition was made to centralize Indian derivatives trading within India.

Gift Nifty is available to both domestic and international investors, including hedge funds, institutional investors, and traders seeking exposure to the Indian equity markets.

Gift Nifty offers nearly 24-hour trading, allowing investors to trade Indian equity index futures during international market hours and Indian market hours.

The main benefit of trading Gift Nifty is the ability to trade Indian stock index futures during global market hours, offering flexibility to international investors and providing a tool for hedging Indian market exposure.

Gift Nifty gives an indication of how the Indian stock market (Nifty 50) may open on the following trading day, as it allows trading during times when the Indian markets are closed.

The transition from SGX Nifty to Gift Nifty was done to bring derivatives trading within Indian jurisdiction, boosting liquidity, regulatory alignment, and supporting India’s international financial center at GIFT City.

GIFT City is India’s international financial services hub, and hosting Gift Nifty there strengthens India’s global presence in financial markets and attracts international investments.