If you also want to get all kinds of information about Singapore Stock Exchange Nifty i.e. SGX Nifty, then in such a situation this post can be very useful for you because today we are going to share this post. What is SGX Nifty, and from SGX Nifty timings, etc. what is its impact on the Indian market? Let’s talk about all this.
So if you need any kind of information about SGX Nifty then you can continue with this post and get complete information about Singapore Stock Exchange Nifty so let’s know about SGX Nifty.
Note: Before that, let us tell you some important information that SGX Nifty is specially used by those investors who are foreign and want to invest in the companies of our India country.
What is SGX Nifty?
The full name of SGX is Singapore Stock Exchange Nifty, with the help of which foreign investors make their investments in different types of companies.
And apart from this SGX Nifty is a medium through which foreign investors invest in Indian companies. Because they cannot invest their money directly in nifty50, so especially foreign investors buy their investments in Indian companies using Singapore Stock Exchange Nifty.
For example, the way NSE is used to invest money in the Indian stock market, in the same way, SGX NIFTY is also used for trading, and this trade is operated from Singapore. And this is what we call Singapore Stock Exchange Nifty ie SGX Nifty.
Why SGX Nifty is important for Indian investors?
- SGX Nifty is important for Indian investors because this Nifty opens at 6:30 am Indian time.
- And this Singapore Nifty (SGX Nifty) also gives an idea of the Indian market trend. So that Indian traders get an idea of whether they have to trade on that day or not.
- ie if you follow SGX Nifty then you can estimate the Indian market only 2 to two and a half hours before its opening. And that is a very important thing for any trader.
- That’s why it is most important for Indian investors to follow the Singapore Stock Exchange Nifty (SGX Nifty). Because it lets them know the stock trade ahead of time.
SGX Nifty timings IST
On the other hand, if we talk about investment timings in Singapore Stock Exchange (SGX Nifty), then Singapore time is 2 hours 30 minutes ahead of Indian time. Hence SGX Nifty exchange opens at 6:30 am Indian time, and closes by 2:30 pm.
And while Singapore time, the exchange opens at 9:00 am, and closes at 5:00 pm. closes at . For more details, you can visit the official website of SGX Nifty.
Does SGX Nifty affect the Indian market?
If you want to know whether the Singapore Stock Exchange Nifty (SGX Nifty) has an effect on the Indian market or not, then for your information, let us tell you that SGX Nifty is fully linked to the Indian market and with the help of it only Foreign investors invest in Indian Nifty. So it has always been seen that whenever the SGX Nifty goes down, then there is a decrease in the Indian market too.
And then whenever Singapore is training in Nifty off, then in such a situation the Indian market also opens in the up trend.
So by reading some of the above points you must have understood that Singapore Stock Exchange Nifty shows its impact on the Indian market somewhere. Because the Indian market is also affected by foreign investors, so whenever any change happens in SGX Nifty, it definitely affects the Indian market.
Why was Sgx Nifty created?
Sgx Nifty is specially designed for those people who are foreign investors and who cannot invest direct money in nifty50, it is made for them. And through this, foreign investors can buy and invest in the shares of companies available in Nifty50.
And the Singapore Stock Exchange Nifty (Sgx Nifty) is specially designed keeping this in mind.
What is the advantage of SGX Nifty?
The biggest advantage of SGX Nifty is that with the help of this, you are able to know the trade of the market even before the stock market opens, whether the stock market will go down or not. Apart from this, foreign investors benefit the most, and through this, they are able to easily invest their money in nifty50 stocks.
If we see for example then if the Indian market is going up then it will be a bullish market. On the other hand, if the market is going down then it will be SGX bearish.
Q. Can Indian investors trade in SGX Nifty?
Ans: If you are an Indian investor then you cannot trade in Singapore Stock Exchange Nifty (SGX Nifty) it is constructed only for foreign investors.
Q.How to check Singapore Stock Exchange Nifty (SGX Nifty) prices online?
Answer: If you are a foreign investor and want to check the prices of the Singapore Stock Exchange Nifty online then you can use these two sites available online “investing.com, moneycontrol.com”.
How do you calculate SGX Nifty?
Ans: If you are a foreign investor and want to know about how to calculate SGX Nifty, then for your information, let us tell you that like the price of the rest of the staff, its price is also based on demand and supply. is determined.
What is the difference between Nifty50 and SGX Nifty?
Ans: The biggest difference between Nifty50 and SGX Nifty is that only Indian investors can invest in nifty50, whereas foreign investors can invest in nifty50 with the help of SGX Nifty.
Whereas in Singapore Exchange Stock Nifty No Indian investors can invest.
Hope that after reading this post you have got all kinds of information about Singapore Stock Exchange Nifty i.e. SGX Nifty, for other information related to another stock market you can read other posts available on this blog. And can get all the information related to stock marketing.