markets · intermediate

GIFT Nifty

GIFT Nifty is the Nifty futures contract traded from GIFT City and the current offshore overnight cue for Indian equities.

GIFT Nifty provides nearly round-the-clock indications of Nifty futures pricing outside NSE hours.

Indian traders watch GIFT Nifty before the domestic cash open for overnight cues.

Formerly, SGX Nifty was the overnight cue; liquidity migrated to GIFT City Nifty futures.

Spreads between GIFT Nifty and NSE Nifty futures are monitored for cross-market alignment.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.