Know impact of sgx nifty live chart on indian market

Know impact of SGX Nifty Live Chart on Indian market

SGX stands for Singapore Exchange. SGX Nifty known as Singapore Nifty. SGX Nifty is derivative of NIFTY index traded officially in Singapore stock exchange. Nifty Futures trades for six and half hours on National Stock Exchange (NSE) but NIFTY Future listed on Singapore exchange known as SGX Nifty is traded for sixteen hours from 6.30 am to 11.30 pm as per Indian standard time.

Why trader should use it?

Singapore Nifty is closed for one hour from 3.30 pm to 4.30 pm only.

Due to long hour trade it is affected by world economic news and political event occur world over and take direction so. So the sentiment or opening trend of Indian market could be derived from SGX Nifty Live Chart as Singapore Nifty opens two and half hour before NSE.

Technical trader and all intraday traders should use Live Singapore Nifty charts to know the opening Nifty trend of Indian market. Take an example-After Indian market close if any positive financial development occurs in world then you can track the impact of news on Singapore Nifty in SGX NIFTY Live chart at any time and from anywhere.

Track Singapore nifty before 9 am every day and if SGX Nifty future is trading at let say 70 point higher than nifty future in Indian market then Indian market will open in green and 70 point higher and in case of negative market you can know the Nifty Trend. It allows foreign investors to take a trading position in Indian market.

India as well as Singapore is in same continent so the trend can be correlated. Track Singapore Nifty in the evening or at 10 pm every day to know the opening trend of Nifty future.