GIFT Nifty Sets an All-Time High Monthly Turnover of US $100.13 billion for Month of August 2024
· Highest-ever Monthly Turnover of 2,061,973 contracts worth US $100.13 billion (INR 8,39,823 Crs. equivalent) during August 2024
Mumbai, 02nd September 2024 (GNI): 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 of US $100.13 billion as on August 30, 2024. This remarkable feat surpasses its previous record of US $97.8 billion set in June 2024.
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.
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 25.13 million contracts with total cumulative turnover of US $1.08 trillion till August 30, 2024.ends GNI
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