Archive · 29 Oct 2025
GIFT Nifty Futures Reach Record Open Interest of $21.23 Billion
Imagine a big trading game where people make promises to buy or sell something later.
The more promises there are, the more interest people have in that thing.
On Tuesday, the GIFT Nifty, which is like a special promise for a part of the Indian stock market, had the most promises ever made about it.
This means lots of people around the world are very interested in trading it.
It's like when a new toy comes out and everyone wants to get one, so many 'promises' to buy it are made before it's even widely available.
This record shows that many global investors are paying attention to and trusting this particular Nifty contract.
GIFT Nifty futures contract achieved a record open interest of $21.23 billion on October 24.
This record open interest represents 4,10,100 contracts, valued at Rs 1,86,226 crore.
The previous record of $20.84 billion was set on September 24, 2024.
The increase in open interest indicates broader participation in the GIFT Nifty contract.
This growth highlights global investors' trust in the GIFT Nifty.
- Who
- NSE International Exchange (NSEIX)
- What
- Announced a record open interest for its GIFT Nifty futures contract.
- When
- October 24, 2024
- Where
- NSE International Exchange (NSEIX)
- Why
- Reflects broader participation and growing global investor trust in GIFT Nifty.
- GIFT Nifty Record Open Interest
- $21.23 billion
- Contract Value in INR
- ₹1,86,226 crore
- Number of Contracts
- 4,10,100
- Previous Record Open Interest
- $20.84 billion on September 24, 2024
- Date of Record
- October 24, 2024
