Gift Nifty Sets an All-Time High Single Day Turnover of US $15.25 billion on September 26, 2023

· Sets an all-time high single day trading activity of 3,86,350 contracts with turnover of US $15.25 billion (INR 1,26,930 Crs. equivalent)

· Open interest stands at 3,09,141 contracts worth US $12.19 billion (INR 1,01,433 Crs. equivalent) as on September 26, 2023.

Gift Nifty, which stands as a new benchmark to the growth story of Indian equity market, recorded a new milestone and has added yet another feather in its cap in terms of trading activities. Gift Nifty reached an all-time high single day trading activity of 3,86,350 contracts with turnover of US $15.25 billion (INR 1,26,930 Crs. equivalent) on September 26, 2023. Gift Nifty breaks its previous record in a month when the turnover touched a high of US $12.98 billion on August 29, 2023.

Trading turnover on NSE IX has been growing exponentially since commencement of a full-scale operation of GIFT Nifty on July 3, 2023. Since the first day of full-scale operations, Gift Nifty has witnessed a total cumulative volume of over 4.59 million contracts with total cumulative turnover of US $ 178.54 billion.

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.

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