Gift Nifty is a derivative of the Nifty 50 index, traded in the International Financial Service Centre (IFSC) Gandhinagar, India via NSE IFSC-SGX Connect. The index is a benchmark for the performance of the top 50 companies listed on the National Stock Exchange of India, representing various sectors such as banking, information technology, pharmaceuticals, and energy. Gift City, located in Gujarat International Finance Tec-City (GIFT City), serves as India’s first international financial services center and the trading ground for Gift City Nifty.

With its state-of-the-art infrastructure and regulatory framework, Gift City aims to attract domestic and international financial institutions, banks, and companies to promote and develop financial services in India. The index provides a platform for investors and traders to track and invest in the performance of the top companies in the Indian stock market through Gift City Nifty Futures, enabling them to take positions on the index’s future movements. It is also widely tracked and traded as a benchmark for evaluating the performance of mutual funds, exchange-traded funds (ETFs), and other investment products in the Indian market