Market to gap up as F&O bears dive for cover
Concerns around next year’s general election are likely to abate following the outcome of the state elections, but analysts say the market will still expect tighter fiscal measures
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Concerns around next year’s general election are likely to abate following the outcome of the state elections, but analysts say the market will still expect tighter fiscal measures
“The SGX Nifty is going to be renamed as GIFT Nifty. Effectively the offshore contract which international investors access is traded in US dollars. It is now going to be available on the listed exchange in the NSC International Exchange. Whatever was available offshore, where we lost control over our pricing, now is moving into our own jurisdiction.”
The Singapore Exchange (SGX) and India’s National Stock Exchange (NSE) are set to launch the SGX NSE Connect at the Gujarat International Finance Tec-City (GIFT City) from July 3.