SGX Nifty belongs to Indian Nifty and it is traded in Singapore Stock Exchange. It moves in accordance with Indian Nifty and opens at 8 am Indian Standard time on all working days. It gives an initial direction to the Indian Market. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.
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SGX NIFTY down by 92 points
SGX Nifty belongs to Indian Nifty and it is traded in Singapore Stock Exchange. It moves in accordance with Indian Nifty and opens at 8 am Indian Standard time on all working days. It gives an initial direction to the Indian Market. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.SGX Nifty was established on 1 December 1999 as a holding company. SGX Nifty earns revenues from securities market (75%) and derivatives market (25%). The year of 2007 march witnessed that SGX bought a five percent stake in the Bombay Stock Exchange for a whopping sum of 42.7 million dollars.
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