GIFT Nifty gives investors an indication of how the market may open, offering a view of global sentiment before the NSE trading session begins. For anyone who has ever wondered why stocks gap up or down at 9:15 AM with no obvious domestic trigger, GIFT Nifty is one of the factors that can help explain the expected opening direction.
Traded on NSE IX in GIFT City, Gandhinagar, this futures contract operates through most global market hours, capturing activity across Asian, European, and US sessions. By morning, it has already reflected a full night of global market movements.