The initiative to launch 0DTE option contracts has raised eyebrows among traders, particularly given ongoing discussions surrounding the potential phasing out of weekly expiries in favour of longer-dated contracts
Before being rebranded as GIFT Nifty and shifted to NSE IX, the security traded at Singapore Stock Exchange as SGX Nifty.
The advantages of trading in GIFT City are simple, all trades are dollar-denominated. Thus foreign investors would not have to incur the extra cost of converting their currency and hedging it.
Foreign institutional investors (FII) bought shares worth Rs 922.84 crore, while domestic institutional investors (DII) purchased shares worth Rs 470.10 crore on July 26, provisional data from the National Stock Exchange (NSE) shows.
Foreign institutional investors (FII) bought shares worth Rs 1,088.76 crore, whereas domestic institutional investors (DII) sold shares worth Rs 333.70 crore on July 25, provisional data from the National Stock Exchange (NSE) shows.