For Positional Traders:įor long-term investment, you can use Moving Average Convergence/Divergence (MACD) Charts, Candle Stick Charts, and Relative Strength Index (RSI) to get the idea about the future prediction of SGX Nifty.įor day traders PCR (Put Call Ratio) trends and Nifty SpotPrice are considered extremely reliable indicators. Monthly and weekly charts give a clear idea about the major trading levels which are even followed by Foreign Institutional Investors (FIIs) and fund managers for entry and profit booking.
You can use weekly or monthly charts to get a detailed idea about the trends of SGX Nifty. If you are a trader and want to know about the price movement and trends of SGX NIFTY, you can follow historic charts of SGX NIFTY. Intraday traders can take long or short positions in Indian stock market depending on the movement of SGX Nifty. Lots of traders follow it to predict the direction of Indian stock market. That is why it is considered as a good indicator to know where India market will open next day. Because of the long trading hours, the impact of global events is more advanced on it. Indian stock market open at 9:15 AM and close at 3:30 PM while SGX NIFTY trades for 16 hours a day in Singapore Stock exchange from 6:30 AM to 11:30 PM IST. How does SGX Nifty provides a good indication of Nifty opening price next day? We bring you SGX Nifty Live Chart & Quotes to know expected opening levels of NSE Nifty before the market opens. Thus, FIIs are able to take positions in all major indices while being in Singapore. Apart from India the exchange also allows one to take positions in FTSE, China A50 index, MSCI Asia, MSCI Hongkong, MSCI Singapore, MSCI Taiwan ,Nikkei 225, Strait Times etc. 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. so Foreign Institutional Investors (FIIs) can also take positions in all major indices while being in Singapore. SGX Stock Exchange also allows the investors to take the positions in different products including China A50 index, FTSE, MSCI Asia, MSCI Singapore, MSCI Hongkong, MSCI Taiwan, Nikkei 225, etc. So in simple terms, SGX NIFTY is nothing but the Indian NIFTY traded in the Singapore Stock Exchange. SGX NIFTY is also popular among Hedge funds who are exposed in India market and want to hedge their exposure. It is an attractive product for foreign investors, who want to take a position in the Indian stock market but do not want to register with India authorities. SGX NIFTY is a derivative of NSE NIFTY Futures, which is quite popular in Singapore Stock Exchange. Singapore Stock Exchange SGX is considered as one of the leading stock exchange of Asia. NIFTY is the benchmark index of National Stock Exchange of India which represents the weighted average of top 50 Indian companies’ stocks in 12 sectors. If we break the terminology in two parts. SGX Nifty is a derivative product of NIFTY 50 which is also known as Singapore Nifty. Plus, it is also considered a good indicator to where Indian market will open the next day, due to this a lot of traders follow this to check how SGX Nifty is doing. Since the SGX allows for 24 hour trading via after market trades, investors can hedge their bets at any time. This gives international investors the flexibility of betting on Indian markets without having to setup or register the entity with the Indian authorities. The Futures contracts settlement is based on the NIFTY settlement price in the Indian stock exchange NSE. SGX Nifty, also known as a Singapore Nifty, involves taking position in the Singapore Exchange on Futures contracts.
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