They show the real time traded price of the Security even when Indian Stock Markets are shut and not trading. From a traders or a investors perspective both serve the same purpose for a Indian Investor or Trader. US markets ended higher but Europe traded. Hence in a nutshell it provides cues on how Nifty 50 will open the next trading day in India.ĪDR stands for American Depositary Receipts and is listed in the USA while Nifty listed on SGX i.e. SGX Nifty indicates a mildly negative start for the broader index with a loss of 37 points after the Nifty closed 44 points higher at 17,813 on Wednesday. Also during Holidays in India SGX Nifty shows indicative prices based on global stock markets movements. Nifty 50 is traded between 9.15 AM IST and 3.30 PM IST while SGX Nifty is traded from 6.30 AM IST to 11.30 PM IST hence since the longer duration of timing SGX Nifty provides real time prices of Nifty 50 even when Nifty 50 is not trading i.e. ![]() In short, This is NIFTY futures that is traded in Singapore exchange! ![]() Nifty 50 the benchmark Index of National Stock Exchange which is listed on the Singapore Stock Exchange is called SGX Nifty. SGX stands for Singapore Stock Exchange having its Headquarters at Singapore which provides different services related to securities and derivatives trading. Note: Many analysts use SGX Nifty as one of the factors to predict whether the Indian stock market will open higher or lower on a trading session.Frequently asked questions about SGX Nifty And that is one of the reasons we see the Indian Nifty market opening at a premium or discount over the previous day’s close. This further directly impacts the opening pricing of Nifty, the very next day. SGX Nifty still trading way after the closure of the Indian Nifty market, we see an impact of these global news on the SGX Nifty price movement. And these inflow of information has a direct impact on the Global Financial markets. NIFTY 50 Price, Real-time Quote & News - Google Finance Home NIFTY50 Index NIFTY 50 Follow Share 17,743. Looking at the current global scenario, with the continuous onslaught of COVID-19 pandemic or the rising tensions between US-China over trade deal, we see a continuous inflow of information and news. How SGX Nifty Impacts Indian Equity Market? The SGX Nifty contracts are cash-settled and the final settlement price is derived from the official closing of S&P CNX Nifty. The contract expires on the last Thursday of Every expiring month and if the last Thursday is an Indian holiday, then it expires the preceding business day. SGX Nifty has two serial monthly contracts and it has Quarterly contracts. ![]() For that matter, Indian citizens are not allowed to trade derivatives in any other country. Even the big hedge funds who have big exposure in the Indian market find SGX Nifty as a good alternative to hedge their positions.įurther, an Indian citizen is not allowed to trade SGX Nifty contracts. (Source: Sgx.com) Who is allowed to trade SGX Nifty?Īny investor who is interested in trading Nifty, but is not able to access Indian Markets, finds trading SGX Nifty a very good alternative to trade. It is an actively traded futures contract on Singapore Exchange. Overall, if we were to add these two constituents, we can say that SGX Nifty is the Indian Nifty trading on the Singapore Stock Exchange. Further, Nifty is the benchmark index of the National Stock Exchange (NSE) of India and it is comprised of the top 50 companies listed on NSE. The word SGX is an acronym for the Singapore Stock Exchange. How SGX Nifty Impacts Indian Equity Market?.Difference between Nifty and SGX Nifty?.
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