GIFT Nifty Sets All-Time High Open Interest of US$21.23 Billion on October 24, 2025

GIFT Nifty, the flagship derivative contract at GIFT City’s NSE International Exchange (NSEIX), has reached a new milestone by recording an all-time high open interest of US$21.23 billion (₹1,86,226 crore equivalent) on October 24, 2025. 

This marks a significant achievement in India’s growing financial ecosystem and underscores the increasing global confidence in the Indian equity markets.

Record Open Interest Reflects Global Investor Confidence

The open interest of 4,10,100 contracts on October 24, 2025, surpassed the previous record of US$20.84 billion set on September 24, 2024. The steady increase in open interest demonstrates expanding market participation and highlights GIFT Nifty’s growing importance as a global benchmark for Indian equities. The rise reflects both domestic and international investor trust in the stability and potential of India’s financial markets.

Since the commencement of full-scale operations on July 3, 2023, GIFT Nifty has seen cumulative trading volumes exceeding 52.22 million contracts, with total turnover surpassing US$2.37 trillion as of October 24, 2025. This exponential growth showcases the contract’s appeal and liquidity among global traders and institutions.

About NSE International Exchange (NSEIX)

NSEIX, located in GIFT IFSC, Gandhinagar, was established on June 5,2017, and operates under the regulatory framework of the International Financial Services Centre Authority (IFSCA). With a dominant market share of over 99.7%, NSEIX has solidified its leadership position within GIFT City’s international financial market.

The exchange offers a wide array of products, including Indian single stock derivatives, index derivatives, currency derivatives, depository receipts, and global stocks. It also facilitates primary market listings such as equity shares, SPACs, REITs, InvITs, depository receipts, and ESG-linked debt securities under the IFSCA (Listing) Regulations, 2024.

Read More:NSE to Withdraw F&O Contracts for Cyient, HFCL, NCC, and Titagarh Rail from January 2026 Expiry!

International Recognition and Market Access

NSEIX and GIFT Nifty have secured key international recognitions, including Part 30 exemption from the US Commodity Futures Trading Commission (CFTC) and class relief under the US Securities Exchange Act,1934. These exemptions allow US investors to directly participate in derivative contracts listed on NSEIX, further integrating GIFT Nifty into the global trading ecosystem.

Conclusion

GIFT Nifty’s record open interest of US$21.23 billion marks a pivotal milestone for India’s international financial hub. The achievement underscores the growing investor participation, global trust, and the strategic role of GIFT City in positioning India as a key player in the international derivatives market. With sustained growth in volumes and new product offerings, GIFT Nifty continues to strengthen its status as a global benchmark for Indian equity performance.

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