GIFT Nifty sets an all-time high monthly turnover of $102.35 billion in May

Trading turnover on NSE IX has been growing exponentially since commencement of full-scale operation of GIFT Nifty on July 3, 2023.

GIFT Nifty recorded a new milestone in May, achieving an all-time high monthly turnover of $102.35 billion -- surpassing its previous record of $100.93 billion set in April.

According to a statement issued by the exchange, the milestone reflects the growing global interest and trust in the GIFT Nifty as a benchmark for the India’s growth story.

Trading turnover on NSE IX has been growing exponentially since commencement of 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 43.28 million contracts with total cumulative turnover of $1.93 trillion till May 2025, added the release.

NSE IX is an international multi assets exchange set up at GIFT City on June 5, 2017, and recognised by International Financial Services Centre Authority (IFSCA). NSE International Exchange holds a dominant market share of over 99 %, highlighting extensive leadership in GIFT IFSC.

Further, the exchange offers a diversified portfolio of products including Indian single stock derivatives, index derivatives, currency derivatives, depository receipts and global stocks. The exchange provides a comprehensive range of primary market products including listing of equity shares, SPAC, REITs, InvITs, depository receipts, debt securities and ESG debt securities under the regulatory framework of IFSCA (Listing) Regulations, 2024.