GIFT Nifty, formerly SGX Nifty, is an international derivative contract providing global investors access to Nifty 50 index movements beyond India's domestic...
GIFT Nifty is an international derivative contract allowing global investors to trade on the Nifty 50 index movements outside Indian domestic market hours, offered by NSE IFSC in GIFT City.
GIFT Nifty was previously known as SGX Nifty, which was traded on the Singapore Exchange. Its operations fully transitioned to NSE IFSC in July 2023.
GIFT Nifty is traded on the NSE International Exchange (NSE IFSC) located in GIFT City, Gujarat International Finance Tec-City, India.
It provides a crucial platform for international investors to hedge their Indian equity exposure and gauge market sentiment for the Nifty 50 outside domestic trading hours, offering extended access.
GIFT Nifty operates in two sessions: 6:30 AM to 3:40 PM IST and 4:35 PM to 2:45 AM IST the next day, effectively covering extended global trading windows.