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GIFT Nifty

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GIFT Nifty GIFT Nifty   https://bit.ly/3rcSR5X GIFT Nifty is a new USD-denominated Nifty futures and options contract that will be traded on the NSE International Exchange (NSE IFSC) in GIFT City, Gujarat. It is a renamed version of the SGX Nifty, which was previously traded on the Singapore Exchange (SGX). The GIFT Nifty will be available for trading from July 3, 2023. The main difference between the GIFT Nifty and the SGX Nifty is that the GIFT Nifty will be regulated by the International Financial Services Centres Authority (IFSCA), while the SGX Nifty was regulated by the Monetary Authority of Singapore (MAS). This means that the GIFT Nifty will be subject to Indian regulations, which could make it more attractive to Indian investors. Another difference between the two contracts is that the GIFT Nifty will be traded in two sessions, while the SGX Nifty was only traded in one session. The first session of the GIFT Nifty will be from 9:00 AM to 3:30 PM IST, and the second session wil