In the morning stock market news we often listen about “SGX NIFTY”. If it rises
before market opening, Indian stock market rises and vice versa.
Why is this ? the answer is that
SGX Nifty is nothing but Indian Nifty Traded in Singapore Stock Exchange. the
prices are almost inline with its indian counterpart CNX Nifty Futures.
Click here for SGX Nifty Live Update
SGX Nifty also
known as a Singapore Nifty involves taking position in the Singapore Exchange on
Futures contracts. The Futures contracts settlement is based on the NIFTY
settlement price in the Indian stock exchange NSE. This given international
investors based out of Singapore the flexibility of betting on Indian markets
while not having to setup or register the entity with the Indian authorities.
Also since the trading time on SGX allows for 24 hour trades via after market
trades , investors can hedge the bets all the time. This market is important for
Indian markets as it traded even during the time that our markets are closed.
Due to this a lot of traders follow this to check how the Indian indices will
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BankNifty Auto Trading
System Test Report and Statistics
SGX - Singapore exchange
Singapore exchange is the leading exchange of Asia allowing investors to take
positions in different products based on the futures which are traded on the
exchange. Apart from India the exchange also allows one to take positions in
FTSE China A50 index,MSCI Asia , MSCI Honkong ,MSCI Singapore , MSCI Taiwan,
Nikie 225 , Strait Times etc. Thus an FII is able to take positions in all major
indices while being in Singapore.
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