Gift Nifty Timings – Everything You Need to Know

NSE International Exchange IFSC Limited is a GIFT City-based subsidiary of NSE. Exchanges that operate within the GIFT City are allowed to provide securities trading in currencies other than Indian rupees. With the help of this exclusive service, international investors may trade in Indian stock markets at any time of day according to their respective time zones.

For investors seeking to take advantage of the opportunities offered by this innovative investment option in the Indian stock market, it is necessary to understand the structure and Gift Nifty timings in India. Thus, here we will look into the gift nifty trading time and gift nifty opening time.

What is Gift Nifty?

Simply put, gift nifty, formerly known as SGX nifty, is a futures product that is traded on the NSE international market, which is situated in Gift City, Gujarat, India, and is based on the Nifty 50 index of the national stock exchange of India.

Valued at $7.5 billion, all the contracts associated with SGX Nifty currently trade on the NSE IX instead of the SGX. Four financial products are now available through NSE IX: Gift Nifty 50, Gift Nifty Bank, Gift Nifty Financial Services, and Gift Nifty IT derivative contracts.

The International Financial Services Centre Authority (IFSCA) will oversee NSE IX, located in GIFT City SEZ, as the new trading venue for US dollar-denominated Nifty futures contracts, replacing Singapore Exchange.

Who can Trade Nifty products at Gift Nifty Timings?

NSE IX states that any trading member, whether national or foreign, registered or unregistered, establishes its office via a subsidiary or branch model is eligible to become a member of NSE IX and begin trading GIFT Nifty items.

In Gift City, there’s a total of approximately fifty brokers. SMC Global IFSC Private Limited, Antique Stock Broking, Nuvama Capital Services, Motilal Oswal Finsec IFSC Limited, Geojit, Bonanza Portfolio (IFSC) Private Limited, Anand Rathi International Ventures, and Emkay Global Financial Services IFSC are a few such companies that fall under this category.

Among the others were East India IFSC Private Limited, Share India Securities (IFSC) Private Limited, Dolat Capital IFSC Private Limited, and Ashika Stock Broking IFSC Private Limited. These traders have the ability to trade both on their own account and their clients’ accounts.

Gift Nifty Timings

The gift nifty opening time or the first session of gift nifty trading time will run from 6:30 AM Indian Standard Time (IST) to 3:40 PM IST for a total of nine hours. A second 12-hour session will start at 4:35 PM IST and last until 2:45 AM IST the next day, after a 55-minute break.

Gift nifty Opening Time in India

The trading days for the new GIFT Nifty F&O contracts are 21 hours long, and the gift nifty timing in India is split between two sessions.

Previously, SGX (Singapore Exchange Limited) permitted SGX nifty trading for 21 hours per day from 6:30 AM to 11:30 PM IST. The NSE’s Indian CNX nifty trading hours, which run from 9 AM to 6:10 PM, are in sharp contrast with this. But even during India’s non-trading hours, the price swings of Gift Nifty shares continue, possibly reflecting worldwide trends before and after the Indian markets open.

Technicals For Gift Nifty Trading Time

Along with gift nifty timings, you need to understand the swings of Gift Nifty where technical analysis is a crucial part. The chart, which illustrates the index’s price over time, shows trends and patterns. Support levels and momentum can be understood using moving averages such as exponential moving averages (EMAs) and simple moving averages (SMAs). They highlight underlying trends and eliminate short-term fluctuations by representing the average price over a predetermined period of time. Investors may find useful trading signals by recognising these technical patterns.

Conclusion

GIFT Nifty’s acquisition of the derivative contracts will contribute to the expansion of the liquidity pool in the Indian markets. It will pave the way for future industry innovations and initiatives that connect the Indian capital markets with international markets.

GIFT City will attract investors because of its excellent infrastructure and barely any taxes, which will increase money inflows and increase activity inside the city. Thus, you can profit from Gift Nifty’s growing potential and navigate this dynamic market with certainty and confidence if you grasp its dynamics, efficiency, and technical elements.

Author: All Content is verified by SMC Global Securities.