Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). This content is authored by an external agency. Intraday traders can take long or short positions in Indian stock market depending on the movement in SGX Nifty. A lot of traders follow it to predict the direction of Indian stock market. The index is also popular among hedge funds that are exposed to Indian market.The index is considered a good indicator to know how Indian market will open on a day. Since SGX Nifty trades for longer hours, it can capture global trends even when Indian markets are closed for trade.It is an attractive product for foreign investors, who want to take a position in Indian stock market, but do not want to register with Indian authorities.
The index opens at 8:00 AM Singapore time on all working days and suggests the initial direction of the Indian stock market.While Nifty trades for 6.5 hours on NSE from 9:00 AM to 3:30 PM (IST), SGX Nifty Futures trade for 16 hours from 6.30 AM to 11.30 PM (IST). 20 June 2022 - Live Intraday Analysis Bank Nifty Live Analysis Ahmad Ali Khan Nifty Technicals 20 June Live Trading Trading today in. SGX Nifty thus moves with respect to Nifty50. Read More SGX Nifty is a derivative of the National Stock Exchange’s Nifty index and trades officially on Singapore Stock Exchange (SGX).
SGX Nifty is a derivative of the National Stock Exchange’s Nifty index and trades officially on Singapore Stock Exchange (SGX).