Archive · 2 Jun 2025
GIFT Nifty Hits Record $102.35 Billion Turnover in May
Imagine a special stock market that helps people know what might happen with Indian stocks.
This market, called GIFT Nifty, hit its all-time high in May, trading a huge $102.35 billion!
It's like a big game where people buy and sell, and this market is really popular.
Since it started, it's traded almost $2 trillion!
It is run by a company called NSE IX.
Indian retail traders cannot use their usual money to trade here, but some Indian brokers can help wealthy people trade.
This market is located in a special place called GIFT City.
GIFT Nifty recorded a new high with a $102.35 billion turnover in May 2025.
This surpasses the previous record of $100.93 billion set in April 2025.
The cumulative turnover since July 3, 2023, is $1.93 trillion.
Over 43.28 million contracts have been traded as of May 2025.
Indian retail traders are restricted from trading GIFT Nifty directly via the LRS route.
- Who
- GIFT Nifty, an early indicator for Indian equity markets, and NSE IX.
- What
- GIFT Nifty achieved a record monthly turnover of $102.35 billion in May 2025.
- When
- May 2025 saw the record turnover. Full-scale operations began July 3, 2023.
- Where
- GIFT City, where NSE IX is located.
- Why
- The GIFT Nifty's success is attributed to the support of its participants.
- May 2025 Turnover
- $102.35 billion
- Previous Record Turnover (April 2025)
- $100.93 billion
- Cumulative Turnover (since July 3, 2023)
- $1.93 trillion
- Contracts Traded
- 43.28 million+
- Full-Scale Operations Start
- July 3, 2023
- NSE IX Establishment
- June 5, 2017
- Market Share of NSE International Exchange
- 99%+