GIFT Nifty Clocks All-Time High Monthly Turnover Of $102.35 Billion In May

New Delhi: GIFT Nifty has recorded the highest-ever per thirty days turnover of $102.35 billion (Rs 8,75, 098 crore) with 2.10 million contracts throughout May, it used to be introduced on Sunday. GIFT Nifty, which stands as a brand new benchmark to the expansion tale of Indian fairness marketplace, recorded a brand new milestone and has added but any other feather in its cap in the case of attaining all-time prime per thirty days turnover.

This feat surpasses its earlier file of $100.93 billion set in April this yr. “This milestone reflects the growing global interest and trust in the GIFT Nifty as a benchmark for the India’s growth story. We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all the participants for their overwhelming support and making GIFT Nifty a successful contract,” the National Stock Exchange of India (NSE) mentioned in a commentary.

Trading turnover on NSE IX has been rising exponentially since graduation of a full-scale operation of GIFT Nifty on July 3, 2023. Since the primary day of full-scale operations, GIFT Nifty has witnessed a complete cumulative quantity of over 43.28 million contracts with general cumulative turnover of US $1.93 trillion until May 2025.

NSE IX is an International multi property trade arrange at GIFT City on June 5, 2017, and recognised through International Financial Services Centre Authority (IFSCA).NSE International Exchange holds a dominant marketplace percentage of over 99 in line with cent, highlighting in depth management in GIFT IFSC.

It gives a assorted portfolio of goods together with Indian Single Stock Derivatives, Index Derivatives, Currency Derivatives, Depository Receipts and Global Stocks. Meanwhile, NSE has reached a vital milestone, changing into the most important unlisted corporate in India with over 100,000 shareholders, consistent with newest business information. 

For the monetary yr finishing March 31 (FY25), the NSE reported a 17 in line with cent year-on-year (YoY) build up in consolidated general source of revenue, attaining Rs 19,177 crore.