India's NSE introduces daily expiry on GIFT Nifty

MUMBAI, Sept 30 (Reuters) – India's National Stock Exchange will introduce a daily expiry on GIFT Nifty contracts, it said in a notice late on Monday. GIFT Nifty is a dollar-denominated derivative contract of the Nifty 50. Zero-day-to-expiry contracts will be introduced with effect from October 13, the NSE said. (Reporting by Ira Dugal; Editing by Eileen Soreng)

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