Gift Nifty Index Live Today

Gift Nifty is a financial contract of the Nifty index, which was traded on the Singapore Stock Exchange to examine the execution of India’s Nifty 50 index. Recently on July 3rd, 2023, it was rebranded and renamed as GIFT NIFTY Index. Refer to this gift nifty news guide for full-fledge details. 

Gift Nifty (NSEIX)

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Gift Nifty Historical Data

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What is Gift Nifty?

Gift Nifty previously known as SGX NIFTY refers to the Nifty 50 Index, specifically traded on India’s first international financial services center, Gift City Exchange in Gujarat International Finance Tec-City (GIFT City). From July 3, 2023, SGX Nifty will end on the Singapore Stock Exchange (SGX) and start on the Gujarat International Finance-Tec (GIFT) platform, particularly called NSE-IFSC. 

The entire work of the NSE IFSC-SGX Connect will be continued at the GIFT platform with the shift of SGX Nifty derivatives to NSE IFSC(GIFT NIFTY). Post transition, all Nifty byproducts contracts titled in US dollars going to be entirely traded on the GIFT IFSC -NSE IFSC platform - GIFT Connect. 

What time does Gift Nifty Future trading open in India?

In India, the Gift Nifty trading hours are divided into two sessions. They are as follows: 

Session 1: The pre-start timing for trading will be at 06:15 AM, followed by the normal market opening at 6:30 AM and ending at 3:40 PM. The pre-close timing for trading will be at 03:45 PM and winds up at 03:55 PM.  The last call time for creating position limits and collateral values is at 04:00 PM, also called as end of trade modification for Session 1. 

Session 2: The pre-start time for this session trading is at 04:25 PM and ends at 04:31 PM. But the actual opening time is at 04:35 PM and remains till 02:45 AM of the next day. The dead time for collateral values, position limits, and trade modification of Session 2 is at 02:50 AM of the following day. 

Importance and Advantages of Gift City Nifty for Foreign Investors

There are various strong benefits of gift nifty for foreign investors. They are as such: 

  • Lengthy Trading Hours
  • Hedging Possibilities
  • Higher Liquidity
  • Sign for the Indian Marker Opening

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FAQs On GIFT NIFT Index - Free Online Calculator

1. What are the other names for GIFT NIFTY? 

There are so many other names for GIFT NIFTY such as Gift Nifty Index, SGX Gift Nifty Price, Gift Aftermarket Future, NSE IFSC Nifty, Gift IFSC Nifty, Gift Nifty 50 Future Live price, NSE Nifty Aftermarket, and Gift Nifty Futures.

2. Can I trade in the GIFT Nifty Index in India?

People who trade futures and options using more than $250,000 per year per person under the Liberalised Remittance Scheme (LRS) are disallowed by the Reserve Bank of India (RBI) to trade in GIFT NIFTY SGX in India. 

3. Can I track Gift Nifty's Live price for free?

Yes, why not there are various online tools and platforms on the internet to track the real-time stock market data which includes gift nifty live prices too.

You can get free access and paid access to track your stocks and the actual stock market. Paisaalgo.com is one of the trusted online platforms that allow free access to track gift nifty live prices. 

4. What is the Gift Nifty full form? 

The name 'Gift Nifty' stands for "Gujarat International Finance Tec-City National Stock Exchange FIFTY".