Gift NIFTY is a derivative of NIFTY 50 index traded officially in Singapore stock exchange. For more, visit our Global Indices page.
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Gift Nifty Quote (Apr 23, 2024 5:00:00 PM) | NSE Nifty Quote (Apr 23, 2024 3:30:00 PM) | Premium/(Discount) to NSE Nifty (Calculated on Apr 23, 2024 5:00:00 PM) | ||
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Value 22,426.5 | % Change -0.1% | Value 22,368.0 | % Change 0.1% | Value 58.5 |
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If you are wondering how to assess impact of overnight events on our markets, then you must check out how Gift Nifty is trading in the Singapore market. Gift Nifty gives traders a fair estimate of how our markets could open. Thus, it enables traders to prepare for the next trading day well in advance.
Gift Nifty is a derivative instrument of the NSE Nifty which is traded only on the Singapore exchange.
Gift Nifty trades almost round the clock. It opens at 6.30 am IST and closes at 10.30 pm IST.
American Depository Receipts or ADR's are financial instruments just like shares but traded on US exchanges. A handful of Indian companies have ADR's listed in the US. How these ADR's traded the previous day could give clues about the opening levels of these companies in India. You can check the latest prices of Indian ADR's here.
Guess what is the first thing traders do after they wake up in the morning? They check where Gift Nifty is trading. It gives traders a head start on what our trading day could look like. Gift Nifty is a futures contract on the NSE Nifty. Gift Nifty is traded in the derivative market of Singapore just like Nifty futures are traded in India.
Japan's Nikkei 225 led gains in Asia as markets in the region rose across the board, following Wall Street's continued rally for a second straight day.