NewKerala.com

Key Points

May was a landmark month for GIFT Nifty, as it reached its all-time high turnover of $102.35 billion. This record not only reflects substantial growth compared to the previous month but also signifies increased global interest in India's economic potential. The National Stock Exchange of India expressed gratitude towards participants for this success. Meanwhile, the NSE celebrated its own milestone, becoming the largest unlisted company in India, highlighting its influence in financial markets.

Key Points: GIFT Nifty Achieves Record $102.35 Billion Turnover in May

  • GIFT Nifty marks highest turnover of $102.35 billion in May
  • Surpasses prior record of $100.93 billion set in April
  • NSE IX sees over 43.28 million contracts since July 2023 start
  • NSE becomes India's largest unlisted company with 100,000 shareholders
2 min read

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

GIFT Nifty sets new record at $102.35 billion turnover in May, reflecting global confidence.

"“This milestone reflects the growing global interest and trust” - NSE Statement"

Mumbai, June 1

GIFT Nifty has recorded the highest-ever monthly turnover of $102.35 billion (Rs 8,75, 098 crore) with 2.10 million contracts during May, it was announced on Sunday.

GIFT Nifty, which stands as a new benchmark to the growth story of Indian equity market, recorded a new milestone and has added yet another feather in its cap in terms of achieving all-time high monthly turnover.

This feat surpasses its previous record of $100.93 billion set in April this year.

“This milestone reflects the growing global interest and trust in the GIFT Nifty as a benchmark for the India’s growth story. We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all the participants for their overwhelming support and making GIFT Nifty a successful contract,” the National Stock Exchange of India (NSE) said in a statement.

Trading turnover on NSE IX has been growing exponentially since commencement of a 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 US $1.93 trillion till May 2025.

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 per cent, highlighting extensive leadership in GIFT IFSC.

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

Meanwhile, NSE has reached a significant milestone, becoming the largest unlisted company in India with over 100,000 shareholders, according to latest industry data.

For the financial year ending March 31 (FY25), the NSE reported a 17 per cent year-on-year (YoY) increase in consolidated total income, reaching Rs 19,177 crore.

—IANS

- IANS

Share this article:

Reader Comments

R
Rajesh K.
This is fantastic news for our financial markets! GIFT Nifty's growth shows how India is becoming a global investment hub. Proud moment for our economy 🇮🇳 The $1.93 trillion cumulative turnover since 2023 is mind-blowing!
P
Priya M.
While the numbers look impressive, I wonder how much of this benefits retail investors like us. The NSE becoming largest unlisted company is interesting, but when will common people get to invest in it directly?
A
Amit S.
GIFT City is proving to be a game changer! With 99% market share in IFSC, we're finally competing with Singapore and Dubai financial hubs. More power to Make in India in financial services sector 💪
S
Sunita R.
The 17% YoY growth in NSE's income is impressive, but I hope they invest more in investor education. Many Indians still don't understand these complex financial products properly. Financial literacy should keep pace with market growth.
V
Vikram J.
These numbers show why India is the bright spot in global economy! GIFT Nifty attracting $102 billion in single month is no joke. Waiting for the day when we overtake Hong Kong as Asia's financial capital 🚀
N
Neha P.
As someone working in finance sector, I can confirm the buzz around GIFT City is real. But we need more transparency - how much of this turnover is domestic vs foreign money? That would give clearer picture of our global standing.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50