Do you know that SGX NIFTY is an offshoot of NIFTY index that is traded in an official manner in Singapore’s stock exchange? Investors who due to any reason face high difficulty in accessing Indian markets but hold the desire to take an exposure in markets of India, go for trading in SGX.
SGX NIFTY – Moves with As Per Indian NIFTY
It is a matter of general knowledge that both India as well as Singapore fall in Asia. Global effect of share dealing is indirectly in relation with the Sensex as well as NIFTY. When one of the countries trades with another, any sort of changes in economic presentation of one country impacts stock prices of the other strongly!
Thus it can be easily made out that SGX NIFTY moves in accordance to the Indian NIFTY. It also provides an initial direction to the share market of India. It also provides due prediction for NSE market as well as traders. As the margin of SGX is in low state than that of NSE, SGX NIFTY offers an opportunity to foreign investors to endow money in NIFTY futures.
Singapore NIFTY – Highly Volatile
As per recent study reports, the Singapore NIFTY is highly volatile than that of Indian NIFTY. Factors influencing the volatility comprise hardly something to do with factors that give direction NSE NIFTY. Difference in time results early opening of SGX NIFTY prior NSE. The performance of international market plays a vital role in determining the performance of NSE on a regular basis.
It is good to hear that SGX Trend serves as the first one to indicate the first direction related to stock exchange of India. SGX provides variable time slots to investors to open the gateway for trading in the same even if Indian market gets closed. Whenever the market opens, it brings something positive.
SGX NIFTY – Directly Proportional to NSE Market
Generally it is all about moving higher in terms of points. In short, SGX is directly proportional to NSE market. Despite the operations of stock exchanging start prior a little hours than stock exchange of India, traders think twice at the time of making major investments until Indian NSE market starts with its trading activities.
In real world SGX NIFTY has little or practically no role in affecting the performance of NSE. Though rise in SGX corresponds to a rise in the Indian NSE, it is purely based on the factor that positive news of the world affects stock exchanges in a similar manner. The SGX NIFTY takes signal from Indian NIFTY.
NSE Markets – Dependent upon Markets of Asia, Europe and America
Also, the Indian NIFTY takes signals from geopolitical news, domestic factors and global economic factor that are universal all around. The stock exchange of India is designed in a careful manner just like another leading exchange in the word. As a result it gets very much affected by ups and downs that take place in global market.
NSE markets solely depend upon the markets of Asia, Europe and America and take signals from them. Prior placing of bids, traders have a close look at the performance of global stock exchange markets. Thus it can be easily made out that the NSE holds a deep look at International stock exchanges whose performance may end up to something highly significant.