GIFT Nifty recorded its highest-ever monthly turnover of $102.35 billion (₹8,75,098 crore) with 2.10 million contracts traded in May, the National Stock Exchange (NSE) announced on Sunday.
Marking a new milestone, GIFT Nifty continues to establish itself as a benchmark in India’s equity market growth story. This achievement surpasses its previous record of $100.93 billion set in April this year.
“This milestone reflects the growing global interest and trust in GIFT Nifty as a benchmark for 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 in making GIFT Nifty a successful contract,” the NSE said in a statement.
Trading volumes on NSE International Exchange (NSE IX) have seen exponential growth since the full-scale launch of GIFT Nifty operations on July 3, 2023. Since then, GIFT Nifty has recorded a cumulative volume of over 43.28 million contracts, with a total cumulative turnover of $1.93 trillion as of May 2025.
NSE IX, an international multi-asset exchange set up at GIFT City on June 5, 2017, is regulated by the International Financial Services Centres Authority (IFSCA). The exchange holds a dominant market share of over 99 per cent in GIFT IFSC, highlighting its strong leadership position.
NSE IX offers a diversified portfolio of products, including Indian single stock derivatives, index derivatives, currency derivatives, depository receipts, and global stocks.
Meanwhile, the NSE has achieved another significant milestone—becoming the largest unlisted company in India with over 100,000 shareholders, according to recent industry data.
For the financial year ending March 31, 2025 (FY25), the NSE reported a 17 per cent year-on-year increase in consolidated total income, reaching ₹19,177 crore.
—IANS
