Mumbai, Oct 31 (NationPress) The GIFT Nifty has achieved a remarkable milestone by recording an all-time high monthly turnover of $103.45 billion, equivalent to approximately Rs 9,16,576 crore as of October 30. This announcement was made on Friday. This achievement surpasses the previous record of $102.35 billion set in May 2025, establishing a new benchmark for the growth trajectory of the Indian equity market.

According to the National Stock Exchange of India (NSE), “This milestone demonstrates the increasing global interest and confidence in the GIFT Nifty as a key indicator of India’s growth narrative. We are delighted to witness the success of GIFT Nifty and extend our heartfelt gratitude to all participants for their tremendous support, which has contributed to making GIFT Nifty a thriving contract.

Since its full-scale operations commenced on July 3, 2023, trading turnover on the Multi-asset exchange NSE International Exchange (NSEIX) has been experiencing exponential growth.

As of October 30, 2025, GIFT Nifty has recorded a total cumulative volume exceeding 52.71 million contracts, with an overall cumulative turnover of $2.39 trillion.

Earlier, NSEIX reported that its international Nifty futures contract, GIFT Nifty, reached a record open interest (OI) on October 24, with an open interest of 4,10,100 contracts valued at $21.23 billion or Rs 1,86,226 crore. This surpassed the previous high of $20.84 billion noted on September 24, 2024, according to the exchange.

The continuous rise in open interest signifies broader participation and reflects the confidence of global investors in GIFT Nifty, as stated by the exchange.

Established on June 5, 2017, NSEIX is an international multi-assets exchange located in GIFT City and recognized by the International Financial Services Centre Authority (IFSCA). NSE International Exchange maintains a dominant market share exceeding 99.7 percent, underscoring its significant leadership in the GIFT IFSC.

—IANAS