By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: GIFT Nifty sets all-time high monthly turnover of $102.35 billion in May 2025 | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > GIFT Nifty sets all-time high monthly turnover of $102.35 billion in May 2025 | Stock Market News
Business

GIFT Nifty sets all-time high monthly turnover of $102.35 billion in May 2025 | Stock Market News

Last updated: June 1, 2025 3:51 pm
2 months ago
Share
SHARE


Contents
GIFT Nifty’s total turnoverAbout NSE IX

GIFT Nifty, the leading derivative contract on the NSE International Exchange (NSE IX) at GIFT City, reached a record monthly turnover of $102.35 billion ( ₹8.75 lakh crore) in May 2025, setting a new benchmark for the platform. This figure exceeded the prior monthly peak of $100.93 billion achieved in April 2025.

This exceeds its earlier peak of $100.93 billion, which was recorded in April 2025.

GIFT Nifty’s total turnover

Since beginning full-scale operations on July 3, 2023, GIFT Nifty has achieved a total turnover of $1.93 trillion, covering over 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 the participants for their overwhelming support and making GIFT Nifty a successful contract,” NSE IX said in a statement.

Indian retail investors are still unable to access GIFT Nifty through the Liberalised Remittance Scheme (LRS). Under this scheme, the Reserve Bank of India (RBI) prohibits using the annual $250,000 limit for leveraged trading, such as futures and options.

However, Indian brokerages and their subsidiaries are allowed to onboard non-resident clients and wealthy Indian family offices. In addition to trading on their own behalf, they are permitted to execute trades for these clients.

About NSE IX

Established on June 5, 2017, NSE IX is a multi-asset international exchange located in GIFT City, functioning under the oversight of the International Financial Services Centres Authority (IFSCA). It dominates the market within GIFT IFSC with a market share exceeding 99%, offering a wide variety of instruments such as Indian single stock and index derivatives, currency derivatives, depository receipts, and global equities.

The platform also supports the listing of various financial instruments, including equity shares, SPACs, REITs, InvITs, and ESG-linked debt instruments, all in accordance with IFSCA regulations.

Both NSE IX and GIFT Nifty have received major regulatory approvals, including a Part 30 exemption from the CFTC and Class Relief from the SEC, enabling U.S.-based investors to trade derivative products on the platform.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

LIC shares end 3 pc higher post-Q1 earnings | Stock Market News

India bond yields a tad up this week amid RBI-led selloff | Stock Market News

Trade Desk tumbles after CEO warns of tariff impact on large brand advertisers | Stock Market News

Tata Motors Q1 Results: Net profit drops 30.5% YoY to ₹3,924 crore; margins drop to multi-quarter low | Stock Market News

BlueStone Jewellery IPO to open on August 11. GMP, price band, key dates among top 10 things to know | Stock Market News

TAGGED:gift citygift niftyGIFT Nifty turnoverNSE IX
Share This Article
Facebook Twitter Email Print
Previous Article Gold’s rally broke down in May. It’s still doing better than stocks.
Next Article Apple’s China rival Xiaomi still has major upside, analysts say, even after record earnings

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS