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 BSE Sensex returns - updated 2013

We have already seen the historical returns of the BSE Sensex, which indicated an average return of about 20% per year, despite many yearly returns varying from -20% to +60%. The following table shows BSE Sensex historical data - open, close and the yearly returns of the sensex from 2000 to 2012. There are some interesting points to note from the above table. Post 2008 crash of about 50% and 2011 negative returns of 24%, markets have given positive returns of 81% and 25%. Also the average returns for the past years is about 20% despite the markets being down 24%. The lesson is pretty much clear - long term investing pays and one need not bother too much about the ups and downs of the markets. During the past few years, the returns from investing in individual stocks have been varied. Despite markets being at 2 year highs, only a few stocks are at similar highs, while most of them are still languishing well below their historical highs and are down anywhere between 8

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