GIFT Nifty is a derivative contract that derives its value from NIFTY 50. NIFTY 50 is India’s benchmark Index that comprises top 50 blue-chip companies based on their market cap weightage. These companies are chosen on the basis of free-float market capitalization. Which is the weightage of companies as per their publicly traded shares. Gift Nifty is a US-dollar-denominated derivative futures contract based on India’s flagship equity index, Nifty 50, and listed on the NSE International Exchange (NSE IX). Get GIFT NIFTY LIVE (SGX Nifty) levels, today’s high/low, and next trading session prediction. Updated live for accurate decision-making. GIFT Nifty, or Gujarat International Finance Tec-City Nifty , is a derivatives index that tracks the performance of the top 50 companies listed on India's National Stock Exchange.