(THE NEWSMAN OF INDIA.COM)
Gandhinagar, Gujarat – A major milestone has been achieved for Gujarat as the GIFT City in Gandhinagar introduces yet another significant financial service. Starting today, the operations for SENSEX Futures and Options have been launched at the India International Exchange (India INX) located at GIFT City, in collaboration with the Bombay Stock Exchange (BSE). The event witnessed the presence of dignitaries as
Bhupendrabhai Patel the Gujarat Chief Minister, Sundararaman Ramamurthy, the Managing Director and Chief Executive Officer (CEO) of the Bombay Stock Exchange (BSE) and several eminent personalities.

This new addition comes on the heels of the successful launch of GIFT Nifty trading earlier, and now, the ability to trade in SENSEX futures and options further elevates the city’s stature in the global financial landscape. Through this partnership with BSE, foreign investors will now have the opportunity to directly invest in SENSEX, facilitating substantial trading volumes and positioning GIFT City as a key player in international financial markets.

Finance is deeply embedded in the DNA of Gujaratis, and with the remarkable financial acumen that the community is known for, Prime Minister Narendra Modi’s vision of making GIFT City a global hub for fintech is gradually becoming a reality.

Under his leadership, a wide range of leading companies in sectors like stock markets, banking, insurance, and IT have established their units in GIFT City, making it an emerging powerhouse in the global financial ecosystem.

The launch of SENSEX Futures and Options trading, backed by the prestigious BSE, is poised to boost both GIFT City and India’s position in the global financial markets, attracting foreign investments and enhancing the city’s growing reputation as a financial hub.