Pages

Slider Code Enter Here

Wednesday, 1 February 2012

SGX Nifty and its magnitude

SGX Nifty stands for Singapore Exchange Nifty, which is one of the leading exchanges of Asian continents. In todays global village every stock market is some or other way related with each other. As import export is an important section of any economy and every country is becoming more and more liberal for its foreign investors.

Through sgx nifty the international investors of Singapore can invest in bse nse of Indian stock market as sensex and nifty provides these opportunity.

As per the Prime Meridian at Greenwich, England  GMT Singapore is about 2hr 30 minutes ahead of Indian standard time so Indian investors are showing interest in sgx nifty  to reach a more accurate speculation on our market. One more thing that affects interestingly is, in Singapore exchange one can trade for 24 hours in all the seven days of a week so when the Indian markets are close sgx nifty can affect Indian indices, which can change its graph. in other words if there is a hike in Singapore exchange then Indian indices will hike and vice versa, so getting these information like how the Indian market will open before the opening of the market works as a warm up session for the intraday stocks investors.

As Singapore and India are in the same continent so definitely it will have an impact on each other’s market. As Singapore dollar is more valuable than Indian rupee so some Indians investors want to invest in Singapore exchange related to tax issues and according to Singapore governments rule one can invest up to USD 200,000 which is really a good option for Indian investor’s point of view.

No comments:

Post a Comment