GIFT Nifty Live
GIFT Nifty (formerly SGX Nifty) is a NIFTY-linked futures contract traded on NSE International Exchange in GIFT City. Because it trades across longer hours, its price is widely watched as a pre-market indicator for how NIFTY may open.
It is a reference, not a forecast — the cash market can and does diverge.
Why GIFT Nifty matters pre-market
GIFT Nifty trades in two sessions covering nearly the full global day, so it absorbs overnight news before Indian cash markets open. Traders use its level versus the previous NIFTY close to gauge the implied gap-up or gap-down at 09:15 IST.
GIFT Nifty vs NIFTY
GIFT Nifty is a futures price; NIFTY is the cash index. The two track each other closely but are not identical — basis, time value and liquidity cause small differences. Use GIFT Nifty as a directional pre-market cue, then confirm with the actual open.
FAQ
What is GIFT Nifty?
A NIFTY-linked futures contract traded on NSE International Exchange (NSE IX) in GIFT City, Gujarat. It replaced SGX Nifty and trades across extended hours.
Does GIFT Nifty predict NIFTY's open?
It is a pre-market indicator, not a prediction. Its level vs the prior NIFTY close hints at the likely gap, but the cash market can diverge at the actual 09:15 IST open.
Is GIFT Nifty the same as SGX Nifty?
GIFT Nifty is the successor to SGX Nifty — the contract moved from Singapore (SGX) to NSE IX in GIFT City. It serves the same pre-market reference role.