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Sgx nifty

Discussion in 'Traders Coffee Shop' started by siva934127, Oct 9, 2013.

  1. siva934127

    siva934127 Member

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    1.What is SGX NIFTY? how it is related to Indian stock market?

    2.What are the trade timings of SGX NIFTY?

    I read it in net but still confused, please clarify more clearly.

    3. When the Indian market is open by 9.AM, we see 30 points down or 40 points up. Who is buying or selling the shares before markets open and at what time they (who) are allowed to trade?


    Please let me know.

    Thanks,
    Siva.
     
    siva934127, Oct 9, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    SGX Nifty is the underlying Nifty being traded in Singapore market. Simile could be an ETF where it is a traded based on underlying asset.

    Singapore is ahead in time than India and so it opens slightly before India and so the so called market expert uses it as means to conclude the opening of Nifty.
     
    shabbir, Oct 12, 2013
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