Gift NIFTY Index tracks NIFTY futures at GIFT City, reflecting price movements and serving as a benchmark for global traders and investors in international markets.
To trade in Gift NIFTY, open an account with a GIFT City-registered broker, access NIFTY futures contracts, and trade in line with global market hours.
Gift NIFTY operates for nearly 21 hours daily, from 6:30 AM to 3:40 PM IST (first session) and 4:35 PM to 2:45 AM IST (second session).
Gift NIFTY offers nearly 21-hour trading, global market alignment, tax benefits, and uninterrupted access, enhancing flexibility, risk management & market opportunities.
Gift NIFTY offers 4 contracts: Nifty 50 (top 50 companies), Nifty Bank (top 12 banks), Nifty Financial Services (top 25 financial firms) & Nifty IT (top 25 IT firms).
SGX Nifty trades on the Singapore Exchange, whereas Gift NIFTY trades at GIFT City, Gujarat, India.
Trading Location
SGX Nifty offers no tax benefits for Indian investors, while Gift NIFTY benefits from a tax-efficient structure in GIFT City.
Tax Benefits
SGX Nifty operates for 16 hours, whereas Gift NIFTY runs for nearly 21 hours, covering global time zones.
Trading Hours
SGX Nifty has limited connectivity to Indian markets, while Gift NIFTY is seamlessly integrated with NSE.
Integration with Indian Markets
SGX Nifty follows Singapore regulations, whereas Gift NIFTY is governed by Indian regulations under IFSC.
Regulatory Framework
SGX Nifty is restricted to international investors, while Gift NIFTY is open to both domestic and international investors.
Market Accessibility
SGX Nifty is discontinued after Gift NIFTY's launch, whereas Gift NIFTY is active and designed to replace SGX Nifty.
Platform Evolution