Gift nifty index: GIFT Nifty is a derivative

GIFT Nifty is a derivative contract that derives its value from NIFTY 50. NIFTY 50 is India’s benchmark Index that comprises top 50 blue-chip companies based on their market cap weightage. These companies are chosen on the basis of free-float market capitalization. Which is the weightage of companies as per their publicly traded shares. Gift Nifty (previously SGX Nifty ) is a futures contract based on the Nifty 50 index that trades at the NSE International Exchange for 20 hours. This contract gives you an indication of how Nifty 50 will react to global factors before the Indian markets open. GIFT Nifty , or Gujarat International Finance Tec-City Nifty , is a derivatives index that tracks the performance of the top 50 companies listed on India's National Stock Exchange. It was launched on July 3, 2023, after the rebranding of the SGX Nifty , originally traded on the Singapore Exchange. Get GIFT NIFTY LIVE (SGX Nifty ) levels, today’s high/low, and next trading session prediction. Updated live for accurate decision-making.