GIFT Nifty is the first month derivatives contract on the NIFTY 50 index, right? If yes, wouldn't segregating it as "EQ", "INDICES" on "NSEIX" exchange be wrong?
GIFT Nifty is a derivative product of the Nifty 50 Index listed on the NSE International Exchange (NSE IFSC) in GIFT City, Gujarat. It's important to note that GIFT Nifty is not an index and is not tradeable via Zerodha. It has been placed under the non-tradeable indices category to indicate that it is not accessible for trading.