Articles
SGX Nifty Clears The Way For Indian Stock Market
by Nifty Dow Jones Real Time DOW Jones Futures Live & SGX Nifty
SGX Nifty is a derivative of NIFTY
index traded officially in Singapore stock exchange. Nifty futures on the SGX
is traded for 16 hours on that exchange while the Nifty now trades for
six-and-half hours on the NSE Stock Market in India. Investors who are unable
to access Indian markets but still want to take an exposure of Indian market,
they trade in SGX Nifty.
The economics of India and Singapore
are intertwined with each other. Thus, any change in the
economic performance of one country has impact on the stock prices of another
country. So, SGX Nifty moves with respect to the Indian Nifty. The SGX Nifty
opens at 8:00 am all working days and gives the initial direction of the Indian
share market. However, the margin at SGX products is lower than those of NSE.
SGX Nifty trend is the first indication of initial direction of
Indian stock exchange. India stock market opens in morning at 9:00 AM that is
pre-opening session and actual trading start at 9:15 AM and trading closed at
3:30 PM. SGX Nifty provides different trading timings that enable the investors
to trade in SGX even if the India’s market is closed. SGX Nifty is available
6:30 AM to 11:30 PM as per Indian time. For example, SGX Nifty, the early
indicator, is up by 15 points. This news of SGX Nifty trading at 15points
higher is good indicator for Indian market. So when market opens up, it opens
with positive and moves higher. If the same news show that SGX Nifty is down by
15 points, NSE market is likely to open negative and go down more. Since SGX Nifty
is the Indian Nifty trading that occurs in Singapore, and despite the fact that
the stock exchange there starts a few hours earlier than the Indian stock
exchange, traders usually refrain from making any major investments before
Indian NSE Share Market starts for trading. Often it is seen that a rise in SGX
Nifty also corresponds with a rise in the NSE. But this is largely based on the
fact that positive world news affects all stock exchanges similarly. The SGX
Nifty takes cues from the Indian Nifty which in turn take cues from domestic
factors, global economic factors and geopolitical news that is being reported
across the world. So, in a way every stock exchange or market seems to be
interlinked most of the times.
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About Nifty Dow Jones 
Real Time DOW Jones Futures Live & SGX Nifty
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Joined APSense since, August 1st, 2015, From Delhi, India.
Created on Dec 31st 1969 18:00. Viewed 0 times.
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