Now Reading: GIFT Nifty hits record $23.67 bn turnover, open interest at $21.87 bn
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GIFT Nifty hits record $23.67 bn turnover, open interest at $21.87 bn
GIFT Nifty hits record $23.67 bn turnover, open interest at $21.87 bn
GIFT Nifty set a new single-day turnover record of $23.67 billion on September 25, 2026, with 5,12,023 contracts traded, NSE International Exchange (NSE IX) said. Open interest also hit a record $21.87…
GIFT Nifty set a new single-day turnover record of $23.67 billion on September 25, 2026, with 5,12,023 contracts traded, NSE International Exchange (NSE IX) said. Open interest also hit a record $21.87 billion, equivalent to around Rs 2.10 lakh crore, with 4,71,287 contracts. The previous turnover high was $23.48 billion on February 20, 2026, and the earlier open interest record of $21.56 billion was set on June 25, 2026.
Since full-scale operations began on July 3, 2023, cumulative volume has exceeded 76.19 million contracts with cumulative turnover of $3.52 trillion. NSE IX described the milestones as a 'new era for Gift Nifty', saying turnover has grown exponentially. The platform also holds US regulatory exemptions allowing American customers to trade its derivatives.
The records came a day after NSE shares debuted on the BSE at Rs 1,800, a 0.84% premium over the issue price. GIFT Nifty is operated by NSE IX, established at GIFT City in 2017.
Indian Opinion Analysis
All three sources report the same numbers and NSE IX's upbeat framing without challenge. The Economic Times pairs the record with a detailed bearish note on Indian equities falling for seven straight weeks, while Business Line and the Times of India mention the NSE listing as adjacent context. None question whether exponential derivatives growth at GIFT City carries risk. The balanced reading is that the GIFT Nifty milestone is a straightforward operational record, what remains to be watched is whether sustained FII outflows from Indian cash equities will eventually temper offshore derivatives activity.
Coverage: 3 sources, 3 neutral
Sources (3): economictimes.indiatimes.com (neutral report), thehindubusinessline.com (neutral report), timesofindia.indiatimes.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry.
Updated: this story now draws on 3 sources.
