From SGX Nifty to GIFT Nifty: India Recasts Its Global Market Signal
India’s transition from SGX Nifty to GIFT Nifty in July 2023 marked more than a branding change; it signaled a structural shift in how the country’s equity benchmark is traded, regulated and positioned globally. The move is designed to deepen India’s financial infrastructure, align offshore derivatives activity with domestic rules and improve the country’s appeal to international investors.
