What is SGX Nifty 50 index futures?
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What is SGX Nifty 50 index futures?
SGX Nifty is a future traded in Singapore Stock Exchange. It is main indices is Indian CNX Nifty and it is considered as proxy to Indian CNX Nifty. The term SGX NIFTY simply means Nifty Futures Traded on Singapore exchange.
What drives SGX Nifty?
SGX Nifty is a derivative of the National Stock Exchange’s Nifty index and trades officially on Singapore Stock Exchange (SGX). SGX Nifty thus moves with respect to Nifty50. The index opens at 8:00 AM Singapore time on all working days and suggests the initial direction of the Indian stock market.
What is Singapore Nifty (SGX Nifty)?
Singapore Nifty (SGX Nifty) is the Indian Nifty that traded in Singapore Exchange. It is the first indication of the initial direction of the Indian stock exchange. Singapore Nifty is available 6:30 AM to 11:30 PM as per Indian time.
What is SGX and how does it affect the Indian stock market?
Since SGX is essentially Nifty futures trading on the Singapore stock exchange, it is not uncommon to consider its effects on the Indian markets and vice versa. The movement of the SGX Nifty is a very good starting point for the Indian stock exchange. This is possible primarily due to the trading hours.
What is CNX Nifty or Nifty?
As CNX Nifty or Nifty is a index that shows its performance on the basis of top 50 shares or the companies that are the representative of different industries and have higher market capitalization as compare to other share. The movement is SGX Nifty is highly correlated with Indian Nifty Index.
Will SGX Chinese index futures remain the best way to hedge China exposure?
Singapore Exchange’s (SGX) Chinese index futures will remain the main tool for investors to hedge their Chinese exposure despite the Hong Kong bourse announcing a rival product, a top executive said, citing SGX’s many derivative products.