GIFT Nifty Logs Record U.S. $23.48 Billion Turnover On February 20

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Last Updated: 24th February 2026 - 02:05 pm

Summary:

GIFT Nifty recorded its highest-ever single-day turnover of U.S. $23.48 billion on February 20, 2026, with 457,989 contracts traded, surpassing its previous record of U.S. $22.88 billion set on January 23, 2024, according to NSE International Exchange.

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GIFT Nifty recorded its highest-ever single-day trading turnover of U.S. $23.48 billion (₹2.13 lakh crore equivalent) on February 20, 2026, with 457,989 contracts traded, according to data released by NSE International Exchange.

The turnover surpassed the previous single-day record of U.S. $22.88 billion, which was recorded on January 23, 2024, the exchange said.

Trading Activity Since Full-Scale Operations

According to NSE International Exchange, trading turnover has increased steadily since the commencement of full-scale operations of GIFT Nifty on July 3, 2023.

From July 3, 2023, to February 20, 2026, GIFT Nifty has recorded a cumulative trading volume of more than 60.05 million contracts, with total cumulative turnover of U.S. $2.76 trillion, as per exchange data.

NSE International Exchange was set up at GIFT City on June 5, 2017, and is recognised by the International Financial Services Centres Authority, according to information available with the exchange.

About GIFT Nifty

GIFT Nifty is an index derivative traded at Gujarat International Finance Tec-City and represents the offshore version of India’s benchmark Nifty 50 index, according to NSE International Exchange.

The contract was earlier known as SGX Nifty and was traded in Singapore. In July 2023, trading shifted to NSE International Exchange at GIFT City and was renamed GIFT Nifty, as per exchange records.

The contract provides early indications of Indian market trends based on offshore trading activity, according to NSE International Exchange data.

The record turnover of U.S. $23.48 billion on February 20 marks the highest single-day activity since the launch of full-scale operations in July 2023, based on official data released by NSE International Exchange.

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