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GIFT Nifty Sets New Single-Day High With $23.48 Billion Turnover

The surge highlights GIFT City’s exchange as the focal point for offshore Nifty 50 trading.

Overview

  • On February 20, 2026, GIFT Nifty recorded $23.48 billion in turnover across 457,989 contracts at NSE International Exchange in GIFT City.
  • The tally surpassed the previous single-day peak of $22.88 billion set on January 23, 2024.
  • Since full-scale launch on July 3, 2023, cumulative trading has topped 60.05 million contracts with total turnover of about $2.76 trillion.
  • GIFT Nifty is the offshore derivative linked to India’s Nifty 50, rebranded and relocated from Singapore to GIFT City in 2023.
  • NSE International Exchange holds over 99.6% market share in the GIFT IFSC, and rising volumes are seen by market experts as evidence of GIFT Nifty’s emergence as a global benchmark.