What is SGX Nifty and how it impacts our NSE Share Market?

What is SGX Nifty - A1 Intraday Tips a Provider of Jackpot Call in Nse Stock Market has given information about SGX nifty that is traded in Singapore Stock Exchange and also explained how the movement of SGX affects our Nse Stock Market in India. SGX NIFTY stands for Singapore Stock Exchange. SGX NIFTY is derivative of NIFTY index traded officially in singapore stock exchange. Nifty futures on the SGX is traded for 16 hours on that exchange while the Nifty now trades for six-and-half hours on the NSE Stock Market in India. Investors who are unable to access indian markets, but who want to take an exposure in Indian market trade in SGX Nifty.

As India and Singapore are in the same continent and due to global effect of share trading, the SGX nifty is also indirectly related to the Sensex and Nifty. After the globalization of share trading, when countries can trade with one another, any change in the economic performance of one country has impact on the stock prices of another country. SGX Nifty thus moves with respect to the Indian Nifty. The SGX Nifty opens at 8:00 am all working days and gives the initial direction of the Indian share market.

Brief Details About SGX Nifty

• Singapore Nifty (SGX Nifty) is the Indian Nifty that is traded in Singapore Stock Exchange.
  
• It is usually the first indication of initial direction of Indian stock exchange.
  
• India as well as Singapore is in same continent i.e Asia.
  
• SGX Nifty is available 6:30 AM to 11:30 PM as per Indian time.
  
• SGX moves along with Indian Nifty. So it serves as a prediction factor for nse market and the traders.
  
• The margin at SGX product s is lower than those of NSE.
  
• SGX nifty offers foreign investors to invest in Nifty Futures.
  

The difference in volatility of NSE and SGX Nifty

The Singapore Nifty is a lot more volatile than the Indian Nifty. The factors that influence its volatility have little to do with the factors that direct the NSE Nifty. The time difference causes the SGX Nifty to open before the NSE but since most traders wait for the NSE trading to start before they trade SGX Nifty, there is little effect that it has on the NSE. Stock exchange performance is anyway dependent on the news of the days, and the international market performance plays a much bigger role in how the NSE performs each day.

How SGX Nifty affects NSE Share Market? - SGX Nifty Impact on Nifty

SGX Nifty Timings - SGX Nifty Trend is the the first indication of initial direction of Indian stock exchange. India stock market open in morning at 9:00 AM that is pre-opening session and actual trading start at 9:15 AM and trading closed at 3:30 PM. SGX Nifty provide different trading timings that enable the investors to trade in SGX even if the India’s market is closed SGX Nifty is available 6:30 AM to 11:30 PM as per Indian time. We hear the news that Markets are likely to open positive tracking positive Asian cues. The early indicator, SGX Nifty was up 15 points. This news of sgx nifty trading at 15points higher is good indicator for Indian market. So when market opens up its opens with positive and moves higher. If the same news show SGX nify down by 15 points, nse market is likely to open negative and go down more. Since SGX Nifty is the Indian Nifty tradings that occur in Singapore, and despite the fact that the stock exchange there starts a few hours earlier than the Indian stock exchange, traders usually refrain from making any major investments before Indian NSE Share Market starts for trading. While often it is seen that a rise in SGX Nifty also corresponds with a rise in the NSE, but this is largely based on the fact that positive world news affects all stock exchanges similarly. The SGX Nifty takes cues from the Indian Nifty, and since the Indian Nifty also take cues from domestic factors, global economic factors and geopolitical news that being reported across the world, so in reality, SGX Nifty has little to no affect on how the NSE performs during the day.

Impact of Global Markets on Nse Stock Market

The Indian stock exchange, just like every other leading stock exchange in the world, is designed and is very much affected by Up and Downs in global markets. Nse markets depends on Asian, Europe and American Market and take cues from them. Traders look at how international markets are doing in order to place their bids for the day, and if international stock exchanges are not doing well, traders refrain from making large purchases in the local stock exchange as well. The NSE thus looks at International stock exchanges, the NYSE in particular, and their performance can end up having a significant effect on the NSE.

A1 Intraday Tips Team of Experts have extensive experience in Tracking SGX nifty and is aware of the effect of movement of SGX nifty on nse stock market. We provide Free Trial of our Stock tips that we provide for Two Days. We have Good Track Record of our Past Performance of Providing Fno Calls & Nifty Tips and We have displayed on our Website. Small Trader are requested to trade in the Market only after getting the full knowledge of Share Market in India.

Sector Weightage in Nifty 50