Business Standard

Thursday, February 13, 2025 | 10:33 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Trading terms and timing: All you wanted to know about Gift Nifty index

Gift Nifty will provide Indian investors cues on how domestic markets could react to global events

Gift Nifty
Premium

Gift Nifty

Samie Modak Mumbai

Listen to This Article

The term Nifty has become synonymous with trading. The Nifty 50 and Bank Nifty indices are most-tracked by traders and are barometers for market sentiment. Starting July 3, market participants will hear another term more often: Gift Nifty. Who is this new kid on the block? Let’s find out:

What is Gift Nifty?

Well, it is not a kid. It was already very popular in its earlier avatar: SGX Nifty. Nifty derivatives contracts traded on the Singapore Exchange (SGX) were referred to as SGX Nifty. Trading in these contracts will now take place on Gujarat International Finance Tec-City (GIFT City)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in