Gift Nifty

24,550.5

+35.0 (0.14%)

Price as of 12 Aug 2026 01:30.

Gift Nifty Live Chart

O H L

Gift Nifty Performance

Today’s Low & High

Low: 24,495

High: 24,627

Open24,515.5

Previous Close24,515.5

About GIFT Nifty Full Form and Meaning

GIFT Nifty (formerly known as SGX NIFTY) is a dollar-denominated futures contract that tracks the performance of the Nifty 50 Index, India’s benchmark equity index. The full form of GIFT Nifty is Gujarat International Finance Tec-City Nifty, named after its listing location: NSE International Exchange (NSE IX), which operates from GIFT City, Gujarat. It functions under the regulatory structure of the International Financial Services Centre (IFSC).

GIFT Nifty marks the shift of Nifty futures trading from Singapore (SGX) to India’s own international financial hub—GIFT City. This transition enhances regulatory transparency, brings trades within SEBI’s jurisdiction, and strengthens India’s goal of becoming a global financial powerhouse through the IFSC framework.

What Was SGX Nifty (Gift Nifty)?

Before the introduction of GIFT Nifty, Nifty 50 derivative contracts were traded on the Singapore Exchange (SGX) under the name SGX Nifty. It was widely used by foreign investors and served as an important pre-market indicator for Indian equities, reflecting global sentiment before domestic markets opened. However, to bring offshore trading activity under India’s regulatory framework, SGX Nifty was later shifted to GIFT City and rebranded as GIFT Nifty.

GIFT Nifty vs NIFTY 50

Feature	GIFT Nifty	NIFTY 50
Traded On	NSE IFSC (GIFT City)	NSE
Timing	6:30 AM–3:40 PM 4:35 PM–2:45 AM	9:15 AM – 3:30 PM
Currency	USD	INR
Target Audience	Global investors	Domestic investors

Key Features of GIFT Nifty

GIFT Nifty offers great flexibility, ease of cross-border trading, and market depth. Here are some of the major features of the index:

Extended Trading Window: GIFT Nifty operates for nearly 21 hours a day, allowing it to quickly incorporate global developments and overnight market cues into its pricing.
USD-Based Contracts: While the Nifty 50 is denominated in INR, GIFT Nifty contracts are traded in USD, making them more accessible and attractive to global investors.
Broader Global Access: The platform enables Foreign Portfolio Investors (FPIs) and Non-Resident Indians (NRIs) to gain exposure to Indian equities without the need for a domestic trading account.
Favourable Tax Structure: Being based in an International Financial Services Centre (IFSC), GIFT Nifty offers tax advantages such as exemptions from STT, CTT, and capital gains tax for eligible participants.
Efficient Price Discovery: The GIFT Nifty live chart acts as an early indicator of market sentiment, helping traders anticipate the likely opening trend of Indian equity markets.

GIFT Nifty FAQs

What are the timings for GIFT Nifty?

GIFT Nifty operates in two sessions: 6:30 AM–3:40 PM and 4:35 PM–2:45 AM IST, offering nearly 21 hours of trading access.

Are GIFT Nifty and Nifty 50 the same?

No, GIFT Nifty is a derivative based on the Nifty 50 index but trades in USD on the NSE IFSC, while Nifty 50 is the actual index of 50 top NSE-listed stocks.

What is the GIFT Nifty full form?

GIFT Nifty stands for Gujarat International Finance Tec-City Nifty, showcasing its origin and trading venue.

Why was SGX NIFTY shifted to GIFT Nifty?

The shift ensures regulatory control by SEBI and supports India's plan to become a global financial powerhouse via GIFT City and IFSC.

How to trade in GIFT Nifty?

To trade in GIFT Nifty, open an account with a broker registered in NSE IFSC, complete KYC, fund your account, and place orders via a compatible trading platform.

Who is eligible to trade in GIFT Nifty?

Foreign Portfolio Investors (FPIs), Non-Resident Indians (NRIs), and institutional investors are eligible to trade in GIFT Nifty. However, direct trading by Indian retail investors is restricted by the RBI. This is primarily because of the regulations on the Liberalised Remittance Scheme (LRS) for leveraged products.

How can foreign investors access GIFT Nifty trading?

Foreign investors can trade in GIFT Nifty by opening an account with a broker registered with the NSE International Exchange (NSE IX). Once done, they can access the Indian-regulated gateway to trade Nifty derivatives and hedge against Indian equity market movements.

How is settlement done for GIFT Nifty?

The settlement of GIFT Nifty is done in cash in INR (₹). Futures and Options contracts usually experience daily mark-to-market settlement, with profits/losses being credited/debited to the trading account. The settlement is guaranteed by NSE IFSC Clearing Corporation.

What are the risks associated with trading GIFT Nifty?

Trading in GIFT Nifty has some risks, such as leverage risk, which amplifies possible profits and losses; price volatility (more so during extended global hours); and liquidity risk (inability to carry out large orders). Market risk due to unfavourable movement in the underlying Nifty 50 Index also exists.

How does GIFT Nifty impact Indian stock markets?

GIFT Nifty allows price monitoring for the Nifty 50 index in a virtually 21-hour trading time period. Its price movement ahead of the domestic market opening is a prominent signal of the global sentiment, normally impacting the opening direction (gap-up or gap-down) of the benchmark Indian indices.

Is GIFT Nifty a good indicator for Nifty 50's opening?

Yes. Because GIFT Nifty trades nearly 21 hours a day, it captures overnight price movements resulting from global economic news and US/European markets. That’s why traders widely use its closing/pre-open price to predict the Nifty 50's opening level on the domestic exchange.

What are the benefits of trading on the GIFT Nifty exchange?

One of the key advantages of GIFT Nifty trading is the virtually 21-hour trading session. This enables worldwide investors to react to global events in real time. The advantages also include tax efficiency (such as zero STT/CTT) under the IFSC regime, improved regulatory transparency under Indian law, and effective hedging ability.

What are the various GIFT Nifty contracts that are offered?

GIFT Nifty provides Futures and Options contracts in the Nifty 50 Index. It also provides various expiry cycles, such as daily, weekly, and monthly options. GIFT Nifty also provides index-based contracts, such as GIFT Nifty 50, GIFT Nifty Bank, GIFT Nifty Financial Services, and GIFT Nifty IT. These options offer various hedging and speculation tools based on market expectations and trading strategies.