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The India International Exchange Limited (India INX) is India's first international stock exchange which is launched as a subsidiary of the Bombay Stock Exchange (BSE). [2] It is located at the International Financial Services Centre, GIFT City in Gujarat. [3] It was inaugurated by the Prime Minister of India, Narendra Modi, on 9 January 2017. [4]
The GIFT International Financial Services Centre (GIFT IFSC) is a financial centre and special economic zone in Gujarat International Finance Tec-City (GIFT City) covering 106 ha (261 acres) established in April 2015 as a financial hub to provide world-class infrastructure and services for financial institutions and companies operating in areas such as banking, insurance, capital markets, and ...
The name "GIFT" is an acronym that stands for "Gujarat International Finance Tec-City". The word "Gujarat" refers to the western Indian state where the city is located."International" signifies that the city is intended to be a global hub for financial and business services, attracting businesses and investors from around the world.
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
Calcutta Stock Exchange: Kolkata: 1830 3500+ CSE: Indian Commodity Exchange: Navi Mumbai: 2017 ICEX: India International Exchange: GIFT City: 2017 INX: Multi Commodity Exchange: Mumbai: 2003 MCX: National Commodity and Derivatives Exchange: Mumbai: 2003 NCDEX: National Stock Exchange of India: Mumbai: 1992 1398 NSE: NSE International Exchange ...
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GIFT Nifty is an Indian stock market index derivative product that serves as an indicator for NSE's benchmark index NIFTY 50.It was rebranded from the erstwhile SGX Nifty and shifted to the new international exchange–NSE IFSC in GIFT City, Gandhinagar, Gujarat.