GIFT NIFTY

Gift Nifty Exploring a New Futures Contract and Index

GIFT NIFTY https://bit.ly/3rcSR5X

Gift Nifty, formerly known as SGX Nifty, is a prominent dollar-denominated futures contract based on the Nifty 50 Index, operated by the National Stock Exchange of India (NSE) . On July 3, 2023, SGX Nifty was rebranded as Gift Nifty and transferred to the NSE International Exchange (NSE IX) located in Gandhinagar, India . This shift marked a significant change in the index's trading environment.

Gift Nifty serves as a derivative product linked to the Nifty 50 index, a collection of India's top 50 stocks. This contract offers traders an avenue to speculate on the performance of these major stocks. The transition of Gift Nifty to the NSE IX has brought increased attention to its trading, with noteworthy open interest and turnover figures.

The introduction of Gift Nifty as a new index was designed to provide additional trading opportunities for investors [6]. It has been observed that Gift Nifty's performance often signals the potential direction of the Indian markets ]. The index's movements are monitored alongside other key indices like Sensex and Bank Nifty .

As of recent reports, Gift Nifty's performance has exhibited positive trends, and its significance in the market continues to grow . The rebranding and relocation to the NSE IX have sparked interest and discussions among market participants .

In conclusion, Gift Nifty has emerged as a significant dollar-denominated futures contract, intrinsically linked to the Nifty 50 Index and the Indian stock market. Its transition and rebranding from SGX Nifty to Gift Nifty have led to increased attention and potential trading opportunities for investors and traders, shaping discussions about market trends and forecasts .

1. What is GIFT Nifty and what is its relationship to the Nifty 50 Index?

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2. When was SGX Nifty rebranded as GIFT Nifty, and where is it currently traded?

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3. What are the recent price movements and performance indicators of GIFT Nifty?

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4. What is the significance of GIFT Nifty's open interest and turnover on its first trading day?

GIFT NIFTY is a futures contract based on the Nifty 50 Index of the National Stock Exchange of India (NSE). It was formerly known as SGX NIFTY and was traded on the Singapore Exchange (SGX). It is now traded on NSE International Exchange located at GIFT City in Gujarat (India).

GIFT NIFTY is a futures contract based on the Nifty 50 Index, which is a basket of 50 of the largest and most liquid stocks listed on the NSE. The contract is traded on the NSE International Exchange (NSE IX), which is located in GIFT City in Gujarat, India.

GIFT NIFTY was launched on July 3, 2023, as a replacement for SGX NIFTY, which was previously traded on the Singapore Exchange. The move was made to bring the trading of Nifty futures contracts back to India and to provide a more liquid and transparent market for trading these contracts.

The trading hours of GIFT NIFTY are from 6:30 AM to 3:40 PM IST and from 4:35 PM to 2:45 AM IST, with a 55-minute break in between. The contract size is 50 times the Nifty index, and the minimum price movement is 0.05 points.

GIFT NIFTY can be traded by both Indian and foreign investors. To trade GIFT NIFTY, you will need to open a trading account with a broker that is a member of the NSE IX.

Here are some of the key differences between GIFT NIFTY and SGX NIFTY:

GIFT NIFTY is traded in Indian rupees, while SGX NIFTY was traded in US dollars.
GIFT NIFTY is traded on the NSE IX, which is located in India, while SGX NIFTY was traded on the SGX, which is located in Singapore.
GIFT NIFTY has a wider trading hours, from 6:30 AM to 3:40 PM IST and from 4:35 PM to 2:45 AM IST, while SGX NIFTY was traded from 6:30 AM to 11:30 PM IST.

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 will be from 5:30 PM to 9:00 PM IST. This will give investors more opportunities to trade the contract.

Overall, the GIFT Nifty is a new and improved version of the SGX Nifty that is expected to be more attractive to Indian investors. It is regulated by Indian authorities, it is traded in two sessions, and it is denominated in USD.

Here are some of the benefits of trading GIFT Nifty:

It is regulated by the IFSCA, which is a well-respected financial regulator.

It is traded in two sessions, which gives investors more opportunities to trade.

It is denominated in USD, which makes it more accessible to international investors.

If you are interested in trading Nifty derivatives, then you should consider trading GIFT Nifty. It is a new and improved version of the SGX Nifty that offers a number of benefits to investors.

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 was launched on July 3, 2023, as a replacement for the SGX Nifty contract, which was previously traded on the Singapore Exchange.

The GIFT Nifty contract has the same specifications as the SGX Nifty contract, including the underlying index, the contract size, the trading hours, and the settlement procedures. However, there are a few key differences between the two contracts.

The GIFT Nifty contract will be traded on a regulated exchange in India, while the SGX Nifty contract was traded on an offshore exchange. This means that investors who trade the GIFT Nifty contract will be subject to the regulatory framework of India.

The GIFT Nifty contract will be cleared by the National Clearing Corporation of India (NCC), while the SGX Nifty contract was cleared by the Singapore Exchange Derivatives Clearing (SGX-DC). This means that the risk of default on the GIFT Nifty contract is lower than the risk of default on the SGX Nifty contract.

The launch of the GIFT Nifty contract is a significant milestone for the Indian financial markets. It is expected to attract more international investors to the Indian market and to boost the liquidity of the Indian equity derivatives market.

Here are some of the benefits of trading GIFT Nifty:

It is a regulated contract, which means that investors are subject to the regulatory framework of India.

It is a liquid contract, with high trading volumes.

It is a transparent contract, with clear and transparent trading rules.

It is a cost-effective contract, with low trading costs.

If you are an investor who is interested in trading Nifty derivatives, then you should consider trading GIFT Nifty. It is a well-regulated, liquid, and transparent contract that offers a number of benefits to investors.

The main difference between GIFT Nifty and SGX Nifty is that GIFT Nifty will be traded in India, under the regulatory framework of the International Financial Services Centres Authority (IFSCA). This means that Indian regulators will have more control over the pricing of GIFT Nifty, which could potentially lead to lower costs for Indian investors.

Another difference between GIFT Nifty and SGX Nifty is that GIFT Nifty will have a longer trading hours. It will be traded from 9:00 AM to 5:00 PM IST, Monday to Friday, which is 21 hours in total. This is compared to SGX Nifty, which was only traded from 8:30 AM to 4:00 PM IST, Monday to Friday.

Overall, GIFT Nifty is a new and improved version of the SGX Nifty contract. It offers Indian investors a more cost-effective and convenient way to trade Nifty futures and options.

Here are some of the key benefits of GIFT Nifty:

It is traded in India, under the regulatory framework of the IFSCA.

It has longer trading hours (21 hours in total).

It is more cost-effective for Indian investors.

It is a more liquid market.

If you are an Indian investor who is interested in trading Nifty futures and options, then GIFT Nifty is a good option to consider.

NSE International Exchange (NSE IX) will start trading the Gift Nifty derivative contracts on July 3, which is accessible for almost 21 hours across Asia, Europe, and US trading hours. Gift Nifty offers foreign investors a single pool of liquidity and venue to access dollar-denominated Nifty derivatives at NSE IX regulated by the International Financial Services Center Authority (IFSCA). Initially, participants can access Gift Nifty 50, Gift Nifty Bank, Gift Nifty Financial Services and Gift Nifty IT derivative contracts, [1] and later, other indices will be unveiled under the Gift Nifty suite. https://bit.ly/3CXU9UK

What is gift Nifty?

The SGX Nifty, which is the futures traded on the Singapore Exchange on India's NSE Nifty 50 Index, will be known as GIFT Nifty from Monday. Also, outstanding orders will be transferred to the GIFT City in Gandhinagar, Gujarat.3 hours ago

What is the birthday of Nifty?

The Nifty 50 index was launched on 22 April 1996, and is one of the many stock indices of Nifty.

Is Nifty index tradable?

NIFTY indices served as the benchmark index for 122 ETFs listed in India and 12 ETFs listed abroad as of May 31, 2023. Derivatives benchmarked to NIFTY indices are also available for trading on NSE, NSE IFSC and Singapore Exchange Ltd.

How to select NIFTY 50 stocks?

How Are Stocks Selected To Be Part NIFTY 50?

Universe: The primary criteria to be a part of NIFTY 50 is that a company must be listed on the National Stock Exchange (NSE). ...

Basic Construct: From the universe of NSE, the top 50 large-cap companies are selected based on their free-float market capitalization.

What is Nifty full form?

What is the full form of NIFTY? The full form of NIFTY is the National stock exchange FIFTY. It is also recognized as Nifty 50, Nifty simple, or Nifty CNX. It is a benchmark index on the NSE (National Stock Exchange) in India for large firms. It includes fifty stock exchanges that cover 23 economic sectors.

What are the 13 sectors in Nifty?

Sectoral Indices

NIFTY Auto Index.

NIFTY Bank Index.

NIFTY Financial Services Index.

NIFTY Financial Services 25/50 Index.

NIFTY Financial Services Ex-Bank index.

NIFTY FMCG Index.

NIFTY Healthcare Index.

NIFTY IT Index.

What is best PE for NIFTY 50?

Historically, the Nifty 50 P/E ratio has averaged around 20. Any value above 25 indicates that the index is costly.24-Sept-2022

What is full form of SENSEX?

Stock Exchange Sensitive Index

BSE SENSEX / Full name

The full form of SENSEX is Stock Exchange Sensitive Index. SENSEX is the oldest stock exchange in India and is also termed as BSE (Bombay Stock Exchange). It is a free float, economy-weighted index of 30 financially sound and very well-established organizations listed on BSE.

How to predict Nifty trend?

The simplest way to identify the direction of Nifty is to use a simple moving average. We provide an end of day chart below. On the chart, there is a red line, which is 5-day simple moving average. If the close of Nifty is above the 5-day SMA the short term trend is UP.13-Nov-2019

Why only 30 companies are listed in BSE?

BSE 30 Companies

Calculated using the free-float methodology, BSE 30 is designed to reflect the growth and performance of the top 30 listed companies in BSE that are financially sound and well-established. These companies represent the major sectors of the Indian economy.

GIFT NIFTY TRADING HOURS

Gift Nifty will be trading from 06:15 in the morning to 02:45 of the next day with 25 minutes break between 16:00 to 16:25 hours. Effectively it would trade approx 16 hours a day so that all effect of all other global markets will be captured in it. Details of Gift Nifty Trading Hours are as below :

Sessions Timings

Session-1

Pre-Open Open Time 06:15 hrs.

Pre-Open* Close Time 06:25 hrs.

Normal Market Open Time 06:30 hrs.

Normal Market Close Time 15:40 hrs.

Pre-Close Open Time 15:45 hrs.

Pre-Close Close Time 15:50 hrs.

Pre-Close End Time 15:55 hrs.

Position Limit/Collateral value Set up cut off time 16:00 hrs.

Trade modification end time 16:00hrs.

Session-2

Pre-Open Open Time 16:25 hrs.

Pre-Open* Close Time 16:31 hrs.

Normal Market Open Time 16:35 hrs.

Normal Market Close Time 02:45 hrs. (Next Day)

Position Limit/Collateral value Set up cut off time 02:50 hrs. (Next Day)

Trade modification end time 02:50 hrs. (Next Day)