Gujarat CM Launches Trading in BSE SENSEX F&O at India INX, GIFT IFSC

Gandhinagar, Chief Minister of Gujarat, Shri Bhupendra Patel, today launched trading in USD-denominated BSE Sensex derivatives at India International Exchange (India INX), located in GIFT International Financial Services Centre (IFSC).

The new product will allow global investors to trade and settle BSE Sensex derivatives in US Dollars, facilitating greater participation from international traders and investors. With a 22 hours trading window, it aims to foster deeper integration of India’s financial market with the global financial system.

Launching the USD denominated BSE Sensex derivatives contracts at Gift City, Shri Bhupendra Patel said, “Yesterday we celebrated the auspicious occasion of Vasant Panchami and GIFT city is blooming with development and innovations. Today I have got the opportunity to inaugurate a new beginning at India INX. I thank everyone for the same and my best wishes for its bright future.’’

Speaking on the occasion, Shri Sundararaman Ramamurthy, MD & CEO of BSE, said: “BSE is Asia’s first exchange and BSE Sensex is the first market index. The launch of BSE Sensex derivatives at India INX represents a key step in broadening access to India’s benchmark index for global investors. As one of the most recognized indices representing the Indian equity market, BSE Sensex derivatives will offer international investors an efficient avenue to participate in India’s growth story.”

The introduction of BSE Sensex derivatives marks a significant milestone in strengthening India’s position as a global financial hub, Mr. Ramamurthy said. “In the last 20 months, you have seen that BSE Sensex derivatives have traded around 40 billion contracts.’’

Highlighting the advantages of trading at India INX, Shri Vijay Krishnamurthy, MD & CEO of India INX, stated: “India INX, India’s first international exchange at GIFT IFSC, continues to expand its product offerings, providing global investors with a wide range of investment opportunities in a regulated, tax-efficient, and technologically advanced environment. With the launch of BSE Sensex derivatives, India INX reinforces its commitment to deepening liquidity, enhancing market access, and positioning GIFT IFSC as a premier global financial centre.”