Did GIFT Nifty Achieve an All-Time High Monthly Turnover of $100.93 Billion in April?
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Synopsis
In a landmark achievement, GIFT Nifty has reported an all-time high monthly turnover of $100.93 billion in April, surpassing its previous record. This growth signals increasing global interest and confidence in GIFT Nifty as a critical metric for India’s economic progress. Discover the details behind this remarkable milestone.
Key Takeaways
- GIFT Nifty achieved a record turnover of $100.93 billion in April.
- Surpassed the previous record of $100.7 billion from September 2024.
- NSE IX holds a market share of over 99%.
- Since launch, GIFT Nifty has seen over 41.18 million contracts traded.
- Market capitalization of NSE-listed companies rose by 6.94% year-on-year.
New Delhi, May 2 (NationPress) GIFT Nifty has achieved a remarkable milestone by reaching an all-time high monthly turnover of $100.93 billion for the month of April, as stated on Friday. This achievement surpasses its previous record of $100.7 billion established in September 2024.
This milestone underscores the increasing global interest and confidence in the GIFT Nifty as a key indicator of India’s growth narrative, according to a statement from NSE International Exchange (IX).
“We are thrilled to witness the success of GIFT Nifty and extend our heartfelt thanks to all participants for their tremendous support in making it a successful contract,” NSE IX remarked.
NSE IX operates as an international multi-asset exchange located in GIFT City, which was established on June 5, 2017, and is recognized by the International Financial Services Centre Authority (IFSCA). NSE IX commands a market share exceeding 99 percent, demonstrating its leadership in the GIFT IFSC.
Since commencing full-scale operations, GIFT Nifty has recorded a cumulative volume of over 41.18 million contracts with a total cumulative turnover of US $1.83 trillion as of April 2025.
NSE IX offers a varied range of products, including Indian Single Stock Derivatives, Index Derivatives, Currency Derivatives, Depository Receipts, and Global Stocks.
In other developments, the market capitalization of NSE-listed companies reached Rs 410.87 lakh crore ($4.81 trillion) in FY25 (as of March 31), up from Rs 384.2 lakh crore ($4.61 trillion) in FY24 — representing a growth of 6.94 percent year-on-year, based on the latest data from the National Stock Exchange.
The total number of companies listed on the NSE stood at 2,720 (as of March 31, 2025). The total unique registered investors reached 11.3 crore (as of March 28), with total unique accounts at 21.94 crore (as of March 27). New investor registrations in FY25 were 2.09 crore (as of March 28), according to the NSE data.
Point of View
The remarkable achievement of GIFT Nifty reflects the unwavering confidence in India's financial markets. It emphasizes the importance of international participation and suggests a positive outlook for economic growth. As we continue to monitor these developments, it's essential to recognize the role of innovation and transparency in attracting global investment.
NationPress
22/05/2025
Frequently Asked Questions
What is GIFT Nifty?
GIFT Nifty is an index that represents the performance of Nifty 50 stocks traded on the NSE International Exchange, designed to attract global investors.
What was the previous monthly turnover record for GIFT Nifty?
The previous monthly turnover record for GIFT Nifty was $100.7 billion, set in September 2024.
When was NSE IX established?
NSE IX was established on June 5, 2017, and is located in GIFT City.
How many contracts has GIFT Nifty traded since its inception?
Since its inception, GIFT Nifty has traded over 41.18 million contracts with a cumulative turnover of $1.83 trillion as of April 2025.
What is the market capitalization of NSE-listed companies as of FY25?
As of FY25, the market capitalization of NSE-listed companies reached Rs 410.87 lakh crore ($4.81 trillion).
