sgx nifty: Overview

SGX Nifty is a popular index futures contract traded on the Singapore Exchange (SGX). It is a constituent index of the SGX Nifty Index, which represents the performance of 50 large and liquid Indian companies.

Key characteristics:

• Traded instrument: SGX Nifty Futures, a derivative product based on the SGX Nifty Index.
• Contract size: 10,000 Index Futures Contracts.
• Underlying index: SGX Nifty Index, which tracks the performance of the Indian stock market.
• Expiration: Wednesday of every quarter.
• Delivery: Cash settled on the following Friday.
• Pricing: quoted in Indian Rupee (INR).
• Minimum lot size: 1 lot, equivalent to 10,000 Index Futures Contracts.
• Trading hours: 9:00 AM – 4:00 PM IST.

Why trade SGX Nifty:

• Gain exposure to the Indian stock market: SGX Nifty offers a convenient way to gain exposure to the Indian stock market without the need to invest in individual stocks.
• Speculate on market movement: Traders can speculate on the direction of the Indian market by trading SGX Nifty futures.
• Hedge against inflation: Investors can use SGX Nifty futures to hedge against inflation in India.
• Gain leverage: Futures trading allows for leverage, which can magnify both gains and losses.

Additional resources:

• SGX Nifty Index: sgx.com/Indices/Sgx-Nifty-Index
• SGX Nifty Futures: sgx.com/derivatives/contracts/equity-derivatives/sgx-nifty-futures
• TradingEdge SGX Nifty Guide: tradingedge.com/sgx-nifty-futures-guide

Please note that this is just a brief overview of the SGX Nifty index futures contract. There are a number of factors to consider when trading this contract, including the risks involved. It is important to consult with a financial advisor before making any investment decisions.