Gift Nifty: Gift Nifty logs highest single-day turnover

Mumbai: The Gift Nifty index registered its highest ever single-day turnover of $12.98 billion on August 29 with 336,535 contracts traded. The turnover on August 29 was equivalent to ₹1,07,267 crore, the index manager said. The open interest is at 3,08,254 contracts worth $11.93 billion on August 29.

“Trading turnover on NSE IX has been growing exponentially since commencement of a full-scale operation of Gift Nifty on July 3, 2023,” the index manager said.

“Since the first day of full-scale operations, Gift Nifty has witnessed a total cumulative volume of over 2.94 million contracts with total cumulative turnover of US $113.73 billion,” it said.

NSE IX is an international multi-assets exchange set up at Gift City in 2017.

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