GIFT Nifty has recorded a historic high with an all-time high monthly turnover of $102.35 billion in May 2025. It breaks its own record of $100.93 billion in April, indicating increased global investor confidence in India's financial markets2.
1. Trading Boom and Market Expansion
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The overall trading volume for May was 2.10 million contracts, reflecting high participation by institutional and retail investors.
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Cumulative turnover since the pan-market launch of GIFT Nifty on July 3, 2023, has been $1.93 trillion, covering more than 43.28 million contracts.
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The National Stock Exchange of India Limited (NSE) International Exchange (NSE IX) is still the leader, capturing a 99% market share of GIFT IFSC.
2. Strategic Importance of GIFT Nifty
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GIFT Nifty acts as a benchmark for the economic development of India, drawing interest from international investors seeking Indian equity exposure.
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The platform provides a diversified portfolio featuring Indian Single Stock Derivatives, Index Derivatives, Currency Derivatives, Depository Receipts, and Global Stocks.
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Regulatory compliances such as CFTC's Part 30 exemption and SEC Class Relief allow U.S. investors to trade on NSE IX, further adding to the liquidity.
3. Future Outlook and Expansion Plans
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Analysts forecast sustained growth, with GIFT Nifty set to breach $110 billion in monthly turnover by 2025.
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The NSE IX platform is enlarging its repertoire, including SPAC listings, REITs, InvITs, and ESG-linked debt securities.
Sources: MSN, Money Control