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GIFT Nifty Hits Record Monthly Turnover Of $100.93 Billion In April

GIFT Nifty sets all-time high monthly turnover of $100.93 billion in April | Photo: IANS
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GIFT Nifty has achieved a new milestone by recording an all-time high monthly turnover of $100.93 billion in April, it was announced on Friday.

This figure surpasses its previous record of $100.7 billion set in September 2024.

The milestone reflects the growing global interest and trust in GIFT Nifty as a benchmark for India’s growth story, the NSE International Exchange (NSE IX) said in a statement.

“We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all participants for their overwhelming support in making GIFT Nifty a successful contract,” NSE IX added.

NSE IX is an international multi-asset exchange set up at GIFT City on June 5, 2017, and is recognised by the International Financial Services Centres Authority (IFSCA). NSE IX holds a dominant market share of over 99 per cent, highlighting its extensive leadership in the GIFT IFSC.

Since the launch of full-scale operations, GIFT Nifty has recorded a cumulative volume of over 41.18 million contracts, with a total cumulative turnover of $1.83 trillion as of April 2025.

NSE IX offers a diversified portfolio of products, including Indian Single Stock Derivatives, Index Derivatives, Currency Derivatives, Depository Receipts, and Global Stocks.

Meanwhile, the market capitalisation of NSE-listed companies reached ₹410.87 lakh crore ($4.81 trillion) in FY25 (as of March 31), up from ₹384.2 lakh crore ($4.61 trillion) in FY24 — a year-on-year growth of 6.94 per cent, according to recent data released by the National Stock Exchange.

The total number of companies listed on the NSE stood at 2,720 (as of March 31, 2025). The number of unique registered investors reached 11.3 crore (as of March 28), with total unique accounts at 21.94 crore (as of March 27). New investor registrations in FY25 were 2.09 crore (as of March 28), the NSE data showed.—IANS