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Typically, a high India VIX indicates that the market is expecting increased volatility, whereas a low India VIX suggests anticipation of low volatility
NIFTY50 index is consolidating just below the 20,000 mark after rallying 14 per cent from March 23 lows as earnings expansion catch up
Closing Bell on July 7, 2023: PowerGrid, IndusInd Bank, HUL, NTPC, Bajaj Finance, HCL tech, Tech M, L&T, Asian Paints, ICICI Bank, ITC, Kotak Bank, Infosys, and HDFC twins declined up to 3 per cent
Singapore's SGX Nifty began trading as Gift Nifty from Gujarat's GIFT City here on Monday, with USD 9.4 billion open interest transferred to the new entity and USD 1.12 billion volume achieved in the first session of day-one trading. July 3 marked the full-scale transition of SGX Nifty to Gift Nifty, providing an opportunity for international investors to access Nifty products through NSE IX at GIFT City. A bell-ringing ceremony was organised at the GIFT City to mark the occasion as USD 9.4 billion of open interest was transferred from SGX Nifty to Gift Nifty. "Earlier some portion of our trading had gone offshore, and now it is coming onshore in a different jurisdiction, which is GIFT International Financial Services Centre (GIFT IFSC). It is a great day and gives us a tremendous feeling of how ISFC will operate in the future," MD and CEO of the National Stock Exchange (NSE) Ashish Chauhan said. "It marks a tectonic shift and we are in some sense achieving what we call onshoring th
International investors will continue to trade through Singapore Exchange (SGX Group) in Nifty as the USD 7 billion open interest contract will be relaunched on GIFT City from July 3, 2023, following 22 years of success in Singapore. This collaboration is significant given it is the first cross-border initiative in connecting India and Singapore's capital markets. "SGX Group will continue to provide international access to USD-denominated Nifty contracts, which has been re-christened GIFT Nifty starting July 3, 2023, alongside other SGX derivatives products," Janice Kan, Managing Director of Head of Markets Equities at SGX Group, told PTI on Friday. "Investors can trade and clear the Nifty contracts through SGX as they have been doing for more than two decades. Orders will be routed via the Connect to NSE IX for trade matching and executed trades will be cleared and settled on SGX," said Kan, an equity market veteran with over three decades of experience. Kan has seen through the .
CLOSING BELL ON JUNE 28, 2023: The BSE Sensex hit a new all-time high at 64,050; Nifty at 19,011 and Bank Nifty at 44,508 on Wednesday.
Closing Bell on June 23, 2023: Among sectors, the Nifty Metal index fell 2.5 per cent, followed by the Nifty Media index (2.13 per cent), the Nifty IT index (0.89 per cent)
Closing Bell on June 22, 2023: The S&P BSE Sensex hit a fresh record high of 63,602 in intra-day trades on Thursday
Closing Bell on June 21, 2023: The benchmark S&P BSE Sensex scaled a fresh all-time high of 63,588 on the BSE in the intra-day trade on Wednesday
Srinivas said allowing DRs will shift foreign investor flows coming through the participatory note (pnotes) route
CLOSING BELL ON JUNE 16, 2023: At the high point of the day, the Sensex was just 63 points shy from its record high, and the Nifty 22 points; Debutant IKIO ends at 42 per cent premium over issue price
CLOSING BELL ON JUNE 13, 2023: In the broader market, the BSE MidCap index soared 1.2 per cent, while the Smallcap added 0.8 per cent on Tuesday.
Stock Market Live updates on June 2, 2023: At 7:15 am, the SGX Nifty quoted 18,619 levels, up 55 points
Stock market live updates: The SGX Nifty, on Friday, indicated a muted open for benchmark indices as it stood around 18,423 levels, down 43-odd points, amidst mixed sentiments across global markets
Stock market live updates: The SGX Nifty, on Tuesday, indicated a firm start as it quoted 18,359 levels, up 24-odd points
Stock market live updates: The SGX Nifty, on Monday, signalled a muted start as it stood at 18,211 levels, down 28-odd points
CLOSING BELL ON MAY 18: The NSE Nifty 50 slipped 52 points to 18,130 as weekly expiry also weighed on the sentiment.
On April 17, SGX had issued a circular on migrating all Nifty positions to NSE IFSC
The National Stock Exchange (NSE) on Tuesday said that SGX Nifty will be known as GIFT Nifty from July 3 as all orders of Singapore Exchange will be completely transferred to NSE IFSC bourse for matching. The exchange said that regulatory approvals have already been obtained from the Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA). "From July 3 onwards, all SGX orders will be 100 per cent transferred to GIFT City, NSE IFSC exchange for matching...SGX Nifty will be called GIFT Nifty from July 3," an NSE spokesperson said. NSE IFSC, a wholly-owned subsidiary of NSE, is an exchange at International Financial Service Center (IFSC) in GIFT City, Gujarat. Singapore Exchange (SGX), last month, announced that NSE IFSC-SGX Connect at International Financial Service Center in GIFT City will become operational on July 3 after the transition of SGX Nifty derivatives to NSE IFSC. The move will enable investors to trade in ...
CLOSING BELL: The BSE Midcap, Smallcap indices, however, bucked the trend and ended with a gain of up to 0.2 per cent. Breadth too was marginally positive.