What is GIFT NIFTY ?
GIFT NIFTY (formerly SGX NIFTY) or Gujarat International Finance Tec-City Nifty is a futures contract based on the top 50 companies listed on NSE (NIFTY 50). It allows foreign investors to trade in Indian equities in a regulated offshore market.
The main purpose of GIFT NIFTY is to provide foreign investors with a platform to trade NIFTY futures in a tax-efficient and globally accessible environment within GIFT City.
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