SGX Nifty Futures to start trading at GIFT City

SGX Nifty Futures to start trading at GIFT City.

Nifty futures contracts on Singapore Exchange (SGX) are set to start trading at the International Financial Service Centre (IFSC) from Friday, 15th July 2022. Prime minister Narendra Modi will launch dollar-denominated Nifty futures and inaugurate the India International Bullion Exchange on Friday.

SGX Nifty will trade simultaneously in GIFT City and Singapore initially, before discontinuing in Singapore. SGX Nifty will reportedly trade at GIFT City for close to 19 hours a day.

Nifty derivatives contracts on the SGX are among the most traded ones. They are used by global investors to hedge their exposure to India.

NSE Trading Holidays 2024

Trading holidays for the calendar year 2024. The National Stock Exchange of India (NSE) has notified trading holidays for the calendar year 2024 as below: Muhurat Trading: Timings of Muhurat Trading shall be notified subsequently.

Historical Sensex Returns Updated - 2024

Historically Sensex has given returns of about 15% per year, despite volatility and price fluctuations of about -20% to +60%. The following table shows S&P BSE Sensex historical data - start & close values and the yearly returns of the sensex from 2000 to 2024. So far during the year the index has hit an all-time high of 75,124 and despite markets hitting all time highs not all stocks make all-time highs. There are many stocks still below their highs. Stocks like HDFC Bank, ITC, Asian paints are still well below their highs and some of them have given low returns over last 3-5 years. Individual or Retail investors can achieve consistent returns through investing via mutual funds , whether it be active or passive. Chasing returns from individual stocks is futile. Be a wise investor !

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