GIFT Nifty Breaks Records with $88 Billion Monthly Turnover in May 2024

GIFT Nifty achieved a record-breaking monthly turnover of $88.10 billion in May 2024, surpassing its previous high. It also set a new milestone with the highest Open Interest (OI) of $17.81 billion on May 28, 2024, beating the previous record of $16.96 billion set on May 27, 2024.

Trading turnover on NSE IX has been steadily increasing since GIFT Nifty started full operations on July 3, 2023. As of May 28, 2024, GIFT Nifty has seen over 18.49 million contracts traded and a total turnover of $766.06 billion.


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