GIFT Nifty Hits Record Turnover: A New Milestone for Indian Equity Derivatives
Trading activity in GIFT Nifty touched a new record on Friday, highlighting the strong growth momentum in India’s equity derivatives market. The index recorded its highest-ever single-day trading volume of 457,989 contracts, with a turnover of USD 23.48 billion, or around Rs 2.13 lakh crore.
This surpassed the previous record turnover of USD 22.88 billion achieved on January 23, 2024. The milestone reflects rising participation and growing global interest in India-linked derivatives traded at GIFT City. To learn more about Indian equity derivatives, visit our website.
Increasing Trading Turnover on NSE International Exchange
Trading turnover on NSE International Exchange (NSE IX) has been increasing sharply since the full-scale launch of GIFT Nifty operations on July 3, 2023. Since then, the contract has recorded a cumulative trading volume of over 60.05 million contracts, with a total cumulative turnover of USD 2.76 trillion.
Market participants said the steady rise in volumes underlines GIFT Nifty’s emergence as a key benchmark reflecting the growth story of the Indian equity market. For more information on Indian equity market, click here.
NSE International Exchange: A Dominant Player in GIFT IFSC
NSEIX is an International multi-assets exchange set up at GIFT City on June 5, 2017, and recognised by International Financial Services Centre Authority (IFSCA). NSE International Exchange holds a dominant market share of over 99.6 per cent — highlighting extensive leadership in GIFT IFSC.
NSEIX offers a diversified portfolio of products including Indian Single Stock Derivatives, Index Derivatives, Currency Derivatives, Depository Receipts, and Global Stocks. To know more about Indian Single Stock Derivatives, visit our website.
Record Monthly Turnover for GIFT Nifty
The exchange informed last year that its international Nifty futures contract, GIFT Nifty, witnessed a record monthly turnover of USD 106.22 billion in the month of October. The October turnover of 2.11 million contracts exceeded the previous high of USD 102.35 billion reached in May 2025, according to the exchange.
For the latest updates on Nifty futures, stay tuned to our website. We provide in-depth analysis and news on the Indian stock market, including Sensex news and Indian stock market news.
Conclusion
In conclusion, the record turnover achieved by GIFT Nifty is a significant milestone for the Indian equity derivatives market. It reflects the growing interest in India-linked derivatives traded at GIFT City and the emergence of GIFT Nifty as a key benchmark for the Indian equity market. To stay ahead of the curve, investors and traders can visit our website for the latest news and updates on Indian equity derivatives market.