Indian stock indices climbed for the third consecutive session on Thursday, buoyed by the US Federal Reserve’s expected interest rate cut. The NSE Nifty and BSE Sensex both closed 0.4% higher, while the India Volatility Index hit a record low. Foreign and domestic portfolio investors were net buyers, contributing to the positive market sentiment.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on