NSE Launches Daily-Expiry GIFT Nifty Contracts to Attract Foreign Investors
The National Stock Exchange of India (NSE) is set to launch a new product to attract international institutional investors. From October 13, 2025, the exchange will introduce daily-expiring 'Zero-Day-to-Expiry' GIFT Nifty contracts, expiring every weekday, at its GIFT City-based international exchange.
These new contracts, denominated in US dollars, are derivatives of the Nifty 50 index. They aim to provide international investors with a tool to manage their currency and equity risks more effectively. The daily expiry feature allows investors to trade and settle their positions quickly, aligning with their risk management strategies. The NSE expects this innovation to enhance its global competitiveness and attract more foreign participation in the Indian equity market.
Starting October 13, 2025, the NSE will offer five weekly expiration dates for its 'Zero-Day-to-Expiry' GIFT Nifty contracts, expiring every weekday. These dollar-denominated contracts, based on the Nifty 50 index, are designed to cater to the needs of international institutional investors, potentially boosting foreign investment in the Indian equity market.