GIFT Nifty hits record monthly turnover of $102.35 billion

GIFT Nifty, the flagship derivative contract traded on NSE International Exchange ( NSE IX) at GIFT City, posted its highest-ever monthly turnover of $102.35 billion (Rs 8.75 lakh crore) in May 2025, marking a new milestone for the platform. This surpasses the previous monthly high of $100.93 billion recorded in April 2025.

The total trading volume stood at 2.10 million contracts for the month, underscoring growing global investor confidence in GIFT Nifty as a benchmark for India’s growth story.

Since the launch of its full-scale operations on July 3, 2023, GIFT Nifty has recorded a cumulative turnover of $1.93 trillion, spanning more than 43.28 million contracts as of May 2025.

“We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all participants for their overwhelming support,” NSE IX said in a statement.

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Launched on June 5, 2017, NSE IX is a multi-asset international exchange operating at GIFT City and regulated by the International Financial Services Centres Authority (IFSCA). The platform commands over 99% market share within GIFT IFSC and offers a diverse range of products, including Indian Single Stock and Index Derivatives, Currency Derivatives, Depository Receipts, and Global Stocks.

It also facilitates listings of equity shares, SPACs, REITs, InvITs, and ESG-linked debt securities under IFSCA’s regulatory framework.

NSE IX and GIFT Nifty have secured key regulatory clearances including CFTC’s Part 30 exemption and SEC Class Relief, allowing US-based investors to participate in derivative contracts on the platform.

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