SGX Nifty Live: 24,071.00 pts -147.00 (-0.61%)
Open: 24,140.50
Low: 24,012.50
High: 24,288.00
Low: 24,012.50
High: 24,288.00
SGX NIFTY LIVE INDEX
GAP FROM NIFTY 50
-140.00 pts
NIFTY 50 Live: 24,211.00 pts
24,012.50 pts
The GIFT Nifty live price represents the current trading value of the GIFT Nifty futures contract. It is quoted in US Dollars (USD) and moves in real‑time as trades occur on the NSE IX exchange.
Because GIFT Nifty trades for nearly 21 hours a day, its price changes continuously during market hours. The price is influenced by global market movements, overnight US market closes, Asian market openings, commodity prices, and currency fluctuations.
GIFT Nifty live price is not the same as Nifty 50 spot price. It is a futures price that includes cost of carry, interest rates, and market expectations about the future value of the Nifty 50 index.
A GIFT Nifty live chart displays the price movement of the GIFT Nifty futures contract over time. Charts can be viewed in different timeframes: 1‑minute, 5‑minute, hourly, daily, weekly, or monthly.
Common chart types include:
Traders use GIFT Nifty charts to identify trends, support and resistance levels, and potential price patterns. However, charts alone do not guarantee future price movements.
When traders search for “GIFT Nifty today”, they want to know the current price, change from previous close, and daily high/low of the GIFT Nifty futures contract.
GIFT Nifty today’s trading session begins at 6:30 AM IST and continues until 2:45 AM IST the next day (with a break from 15:40 to 16:35 IST). The price you see at any moment reflects the latest trade executed on NSE IX.
It is important to note that GIFT Nifty today’s price is not a prediction – it is a real‑time transaction price between buyers and sellers at that exact moment.
The GIFT Nifty current price is determined by the forces of supply and demand on the NSE IX exchange. Every time a buyer and seller agree on a price, a trade occurs, and that becomes the current price.
Factors that influence the GIFT Nifty current price include:
The GIFT Nifty current price is updated in real‑time during trading hours and can be viewed on financial websites, trading platforms, and exchange feeds.
The full form of GIFT Nifty is: Gujarat International Finance Tec‑City Nifty.
“Nifty” itself stands for National Index Fifty – the benchmark index of the National Stock Exchange of India comprising 50 large‑cap stocks.
Thus, “GIFT Nifty means” a futures contract based on the Nifty 50 index, but traded in the special economic zone of GIFT City, in US Dollars, and under the regulatory framework of the International Financial Services Centres Authority (IFSCA).
No, GIFT Nifty is not a separate index. It is a futures contract whose underlying asset is the Nifty 50 index. The Nifty 50 index itself is calculated by NSE Indices based on the real‑time prices of its 50 constituent stocks.
When people search for “GIFT Nifty index”, they are usually referring to the price of the GIFT Nifty futures contract. There is no independent “GIFT Nifty index” – only the Nifty 50 index.
Many users ask: “How to trade in GIFT Nifty?” The answer depends on your residency status.
| Participant Type | Eligible to Trade GIFT Nifty? | Remarks |
|---|---|---|
| Foreign Portfolio Investors (FPIs) | Yes | Can trade directly through NSE IX registered brokers. |
| Non‑Resident Indians (NRIs) | Yes | Requires an IFSC‑registered broker account. |
| Indian Residents (Retail) | Limited | Permitted via LRS (Liberalised Remittance Scheme) with an IFSC account; subject to RBI limits. |
| Domestic Indian Brokers (Standard Accounts) | No | Regular NSE/BSE accounts do not provide GIFT Nifty access. |
Note: GIFT Nifty trading involves significant risk. You can lose more than your initial margin. Always consult a financial advisor before trading derivatives.
The GIFT Nifty trading platform is the NSE International Exchange (NSE IX), also known as NSE IFSC. It is a wholly‑owned subsidiary of the National Stock Exchange of India, operating from GIFT City, Gujarat.
NSE IX offers electronic trading, clearing, and settlement services for various products including GIFT Nifty futures and options, as well as other equity, currency, and commodity derivatives.
Traders can access NSE IX through approved broker members. Some international brokers also provide connectivity to NSE IX via their platforms.
No, GIFT Nifty is not a share (stock). It is a futures contract. There is no “GIFT Nifty share price” because there is no equity share called GIFT Nifty.
When users search for “GIFT Nifty share price”, they usually mean the current price of the GIFT Nifty futures contract. The correct term is “GIFT Nifty futures price” or simply “GIFT Nifty price”.
One of the most frequently asked questions is: “GIFT Nifty timing in India” or “GIFT Nifty opening time”. Below are the complete trading hours in Indian Standard Time (IST).
| Session | Start (IST) | End (IST) | Duration |
|---|---|---|---|
| Session 1 (Morning / Asian) | 06:30 AM | 03:40 PM | 9 hours 10 minutes |
| Break (No trading) | 03:40 PM | 04:35 PM | 55 minutes |
| Session 2 (Evening / US overlap) | 04:35 PM | 02:45 AM (next day) | 10 hours 10 minutes |
Summary: GIFT Nifty trades for approximately 21 hours every weekday, Monday through Friday, excluding NSE IX holidays.
The exchange does not trade on weekends (Saturday and Sunday) or on designated national/public holidays.
Many traders ask: “What is the difference between GIFT Nifty and Nifty 50?” The table below provides a clear comparison.
| Parameter | GIFT Nifty | Nifty 50 |
|---|---|---|
| Type | USD‑denominated futures contract | Spot index (underlying) |
| Trading Hours (IST) | 06:30 to 02:45 (next day) ~21 hours | 09:15 to 15:30 ~6.5 hours |
| Currency | US Dollars (USD) | Indian Rupees (INR) – index value only |
| Can you trade it? | Yes, via NSE IX brokers | No – you cannot trade the spot index directly. You trade Nifty futures/options on NSE India. |
| Primary Users | FPIs, NRIs, international institutions | Domestic and foreign participants via NSE India |
| Exchange | NSE International Exchange (NSE IX), GIFT City | NSE India (onshore) |
| Regulator | IFSCA | SEBI |
Key takeaway: GIFT Nifty is a tradable futures contract that derives its value from the Nifty 50 index. Nifty 50 is the benchmark index itself, which you cannot buy or sell directly.
The GIFT Nifty index futures contract has standardized specifications set by NSE IX. Below are the official details.
| Parameter | Specification |
|---|---|
| Instrument Type | FUTIDX (Index Futures) |
| Underlying | Nifty 50 Index (NSE India) |
| Symbol | NIFTY |
| Contract Currency | US Dollars (USD) |
| Quotation | USD per index point |
| Lot Size (Multiplier) | USD 2 × Nifty 50 index level (e.g., if Nifty = 23,000, contract value = USD 46,000) |
| Tick Size (Minimum Price Movement) | USD 0.50 |
| Settlement Type | Cash settled in USD |
| Expiry | Last Thursday of the expiry month (monthly contracts) |
| Daily Price Limit | 10% of base price (operating range) |
| Position Limits | As prescribed by IFSCA / NSE IX for different participant categories |
For GIFT Nifty options, the exchange offers weekly and monthly expiries with European exercise style, strike interval of 100 points, and a 15‑1‑15 strike distribution.
Users frequently search for “GIFT Nifty contract specifications lot size”. The lot size is not a fixed number of units; it is a multiplier:
Lot Size = USD 2 × Nifty 50 index level.
For example, if Nifty 50 is at 22,500, one GIFT Nifty futures contract represents a notional value of USD 45,000. The margin required is a percentage of this value, set by the exchange.
Other key specifications include:
Both GIFT Nifty futures and GIFT Nifty options are derivative contracts. Here is the basic difference:
| Feature | Futures | Options |
|---|---|---|
| Obligation | Both buyer and seller must honour the contract at expiry. | Buyer has right (not obligation) to exercise; seller has obligation. |
| Premium | No premium – margin required from both parties. | Buyer pays a premium; seller receives premium. |
| Profit/Loss | Linear (unlimited both sides). | Limited for buyer; unlimited for seller (if uncovered). |
| Expiry | Monthly. | Weekly and monthly. |
This is a common question: “Why SGX Nifty changed to GIFT Nifty?” The reasons include:
The transition was a landmark event in Indian financial history, completed without disruption to market participants.
The rules have evolved over time. As of now, Indian residents can trade in GIFT Nifty under the following conditions:
Earlier restrictions were stricter, but regulatory changes now permit resident Indians to participate, subject to prescribed conditions. Always check with a qualified broker or advisor before attempting to trade.
For those who need a quick answer:
Thus, GIFT Nifty full form = Gujarat International Finance Tec‑City Nifty.
Although SGX Nifty is discontinued, many still search for comparison. Here is how they differ:
| Aspect | GIFT Nifty (Active) | SGX Nifty (Discontinued) |
|---|---|---|
| Exchange | NSE IX, GIFT City, India | Singapore Exchange (SGX) |
| Currency | USD | USD |
| Trading Hours (IST) | 06:30 – 02:45 (~21 hours) | 06:30 – 22:30 (~16 hours) |
| Status | Active since July 3, 2023 | Ceased June 30, 2023 |
| Regulator | IFSCA (India) | MAS (Singapore) |
Many users search for “GIFT Nifty live chart today”. Live charts are available on:
Note that many free charting platforms may still show “SGX Nifty” data; always verify that the source is showing GIFT Nifty from NSE IX.
For GIFT Nifty news, reliable sources include:
Be cautious of social media or unofficial sources claiming to provide “insider” GIFT Nifty news. Always verify from official exchange or regulatory channels.
Here is a quick reference for common terms related to GIFT Nifty.
| Term | Definition |
|---|---|
| GIFT City | Gujarat International Finance Tec‑City – India’s first operational IFSC. |
| NSE IX | NSE International Exchange – the exchange that lists GIFT Nifty. |
| IFSCA | International Financial Services Centres Authority – regulator for GIFT City. |
| FII / FPI | Foreign Institutional Investor / Foreign Portfolio Investor – primary users. |
| NRI | Non‑Resident Indian – eligible to trade GIFT Nifty. |
| LRS | Liberalised Remittance Scheme – RBI scheme for resident Indians to remit funds abroad. |
| Lot Size (Multiplier) | For GIFT Nifty: USD 2 × Nifty index level. |
| Tick Size | Minimum price change – USD 0.50. |
| Mark‑to‑Market (MTM) | Daily settlement of futures positions. |
| Final Settlement Price (FSP) | Closing value of Nifty 50 on expiry day. |
SGXNifty.Live is dedicated to providing clear, factual, and up‑to‑date information about GIFT Nifty. Unlike many websites that still show outdated SGX Nifty data, we focus on the current, live instrument – GIFT Nifty.
Our content covers:
We do not provide trading tips, market predictions, or gap analysis. Our sole purpose is to educate and inform.
Educational & Informational Use Only
All content on SGXNifty.Live is for educational and informational purposes only. Nothing on this website constitutes investment advice, trading advice, or a recommendation to buy or sell any security or derivative.
No Guarantee of Accuracy
While we strive to provide accurate and timely information, we do not guarantee the completeness, reliability, or accuracy of any data, including GIFT Nifty prices, charts, or specifications. Market data may be delayed or subject to change.
Risk of Loss
Trading in futures and options involves substantial risk of loss and is not suitable for all investors. You may lose more than your initial margin. Past performance does not guarantee future results.
Consult a Professional
Before making any trading or investment decision, consult a qualified SEBI‑registered (or equivalent) financial advisor, conduct your own due diligence, and assess your financial situation and risk tolerance.
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SGXNifty.Live is an independent website. We are not affiliated with NSE, NSE IX, IFSCA, SGX, or any other exchange or regulatory body. The .live domain reflects our commitment to providing real‑time educational content.
No, but GIFT Nifty is the direct successor. SGX Nifty was discontinued on June 30, 2023. GIFT Nifty launched on July 3, 2023, on NSE IX.
The symbol varies by data provider. On TradingView, try “NSEIX:GIFTFUT” or “NIFTY!” (check for GIFT Nifty specific ticker). Verify with your data source.
Yes, if you are a Foreign Portfolio Investor or an NRI, or if you have an account with an international broker that provides access to NSE IX. Check your broker’s product list.
NSE Nifty futures are traded on NSE India in INR and are accessible to Indian residents. GIFT Nifty is traded on NSE IX in USD and is primarily for international participants.
On NSE IX, the ticker is “NIFTY” for futures. On financial portals, look for “GIFT NIFTY” or “NIFTY 50 INDEX FUTURES (NSE IX)”.
No. GIFT Nifty trades only on weekdays (Monday to Friday) when NSE IX is open. It is closed on Saturdays, Sundays, and exchange holidays.
Margin requirements are set by NSE IX and vary based on volatility and position size. Typically, initial margin is a percentage (e.g., 5‑10%) of the contract value. Check your broker for exact figures.
Yes, NSE IX offers weekly and monthly options on GIFT Nifty with European style exercise.