Nifty23,696.25-57.21

SGX Nifty

SGX Nifty is a derivative of the National Stock Exchange’s Nifty index and trades officially on Singapore Stock Exchange (SGX). SGX Nifty thus moves with respect to Nifty50. The index opens at 8:00 AM Singapore t...SGX Nifty is a derivative of the National Stock Exchange’s Nifty index and trades officially on Singapore Stock Exchange (SGX). SGX Nifty thus moves with respect to Nifty50. The index opens at 8:00 AM Singapore time on all working days and suggests the initial direction of the Indian stock market.

While Nifty trades for 6.5 hours on NSE from 9:00 AM to 3:30 PM (IST), SGX Nifty Futures trade for 16 hours from 6.30 AM to 11.30 PM (IST). Since SGX Nifty trades for longer hours, it can capture global trends even when Indian markets are closed for trade.
It is an attractive product for foreign investors, who want to take a position in Indian stock market, but do not want to register with Indian authorities. The index is also popular among hedge funds that are exposed to Indian market.

The index is considered a good indicator to know how Indian market will open on a day. A lot of traders follow it to predict the direction of Indian stock market. Intraday traders can take long or short positions in Indian stock market depending on the movement in SGX Nifty.

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SGX Nifty

SGX Nifty is a derivative of the National Stock Exchange’s Nifty index and trades officially on Singapore Stock Exchange (SGX). SGX Nifty thus moves with respect to Nifty50. The index opens at 8:00 AM Singapore time on all working days and suggests the initial direction of the Indian stock market.While Nifty trades for 6.5 hours on NSE from 9:00 AM to 3:30 PM (IST), SGX Nifty Futures trade for 16 hours from 6.30 AM to 11.30 PM (IST). Since SGX Nifty trades for longer hours, it can capture global trends even when Indian markets are closed for trade.It is an attractive product for foreign investors, who want to take a position in Indian stock market, but do not want to register with Indian authorities. The index is also popular among hedge funds that are exposed to Indian market.The index is considered a good indicator to know how Indian market will open on a day. A lot of traders follow it to predict the direction of Indian stock market. Intraday traders can take long or short positions in Indian stock market depending on the movement in SGX Nifty.

GIFT Nifty drops 50 points; here's the trading setup for today's session

Domestic equities ended the week near all-time highs despite election-related volatility. Analysts expect the upward bias to continue with focus on key economic data. State of the markets signals a negative start with Nifty futures trading lower at 23,267. India VIX rose to 16.88 levels. Brent crude futures slipped to $79.58 a barrel.

GIFT Nifty climbs over 150 points; here's the trading setup for today's session

Domestic stocks saw a significant bounce back as confidence surged following the reconfirmation of the NDA's third consecutive term in government. Yashovardhan Khemka, Senior Manager of Research & Analytics at Abans Holdings, noted that in the short term, the market will likely stay fixated on government formation, particularly watching for key cabinet appointments in Finance, Defense, Roads, Energy, Commerce, and Railways.

GIFT Nifty up 75 points; here's the trading setup for today's session

"Going ahead, markets would take cues from the voter’s turnout data from the fourth phase which has been a major concern so far," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

Gift Nifty futures volumes soar 25% in 4 months to $82 billion in April

This marked a 25% increase compared to December turnover, contrasting with a 7% growth in Nifty futures turnover on the NSE during the same period.

GIFT Nifty up 30 points; here's the trading setup for today's session

"Nifty is anticipated to undergo further consolidation in the upcoming sessions, encountering resistance around the 22,700-22,800 levels should it achieve a robust close above 22,600. Conversely, support is expected around the 22,400-22,300 range," said Arvinder Singh Nanda, Senior Vice President of Master Capital.

GIFT Nifty down 15 points; here's the trading setup for today's session

"Large caps are better placed in terms of valuation comfort and growth visibility. However, volatility in the broader market cannot be ruled out. Key event to watch – BOE interest rate decision," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 50 points; here's the trading setup for today's session

Foreign portfolio investors turn net buyers at Rs 1,421 crore on Tuesday after a day of selling. DIIs too bought shares worth Rs 7,449 crore.

GIFT Nifty down 80 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 2,051 crore on Monday. Domestic institutional investors bought shares worth Rs 2260 crore.

GIFT Nifty down 120 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 1,356 crore for second straight day. Domestic institutional investors bought shares worth Rs 139 crore.

GIFT Nifty up 20 points; here's the trading setup for today's session

Foreign portfolio investors were net buyers at Rs 73 crore for the fifth straight day on Tuesday. DIIs too bought shares worth Rs 2,358 crore.

GIFT Nifty down 30 points; here's the trading setup for today's session

"Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up. Capital Goods, Auto, PSU Bank, and Oil & Gas will continue to remain in focus," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 55 points; here's the trading setup for today's session

Analysts expect the current market momentum to continue, while the market will closely track fresh set of economic data to be released later this week.

GIFT Nifty up 40 points; here's the trading setup for today's session

"Overall we expect the market to trade in range with positive bias. Globally investors would watch out for US & Europe Consumer Confidence Data," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 60 points; here's the trading setup for today's session

The rupee gained 3 paise to settle at 82.88 against the US dollar in a range-bound trade on Monday, tracking volatility in the equity market.

GIFT Nifty up 45 points; here's the trading setup for today's session

The rupee appreciated 11 paise to close at 82.85 against the US dollar on Thursday, tracking the broad weakness of the American currency in the overseas market.

GIFT Nifty up 90 points; here's the trading setup for today's session

"The broader view remains intact with the bullish biases, but it seems really challenging to hold on to higher grounds with conviction," said Osho Krishan, Sr Analyst - Technical & Derivative Research, Angel One.

GIFT Nifty up 5 points; here's the trading setup for today's session

Foreign portfolio investors sold shares worth Rs 754 crore on Monday. DIIs, meanwhile, were net buyers at Rs 453 crore.

GIFT Nifty up 80 points; here's the trading setup for today's session

Foreign portfolio investors sold shares worth Rs 3,929 crore after three days of buying. DIIs were net buyers at Rs 2,897 crore on Wednesday.

GIFT Nifty down 200 points; here's the trading setup for today's session

"Going ahead Nifty is expected to remain in the broader range given the lack of positive triggers globally and mixed set of domestic Q3 earnings which too is unable to provide any support," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 45 points; here's the trading setup for today's session

"Global cues are muted as most of the Asian markets are closed for this week on account of Lunar New Year holidays, which kept global investors on side-line. Overall we expect the market to consolidate with negative bias in the near term," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 90 points; here's the trading setup for today's session

"We expect the market to turn cautious and consolidate in the near term amid key macro data to be announced and the last leg of Q3 results," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty down 50 points; here's the trading setup for today's session

The near-term uptrend of the market remains intact and further weakness down to the immediate support of 21550-21500 levels could be a buying opportunity, said Nagaraj Shetti of HDFC Securities.

GIFT Nifty up 120 points; here's the trading setup for today's session

The crucial opening downside gap of 17th Jan is now placed at the verge of decisive upside breakout at 21970 levels. Immediate support is at 21750 and the next overhead resistance to be watched around 22125 levels, said Nagaraj Shetti of HDFC Securities.

GIFT Nifty signals a negative start for D-Street; here's the trading setup for today's session

Foreign portfolio investors net bought shares worth Rs 70 crore on Friday. DIIs, meanwhile, were net buyers at Rs 2,463 crore.

GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session

Foreign portfolio investors net sold shares worth Rs 1,879 crore on Thursday. DIIs, meanwhile, were net buyers at Rs 872 crore.

GIFT Nifty up 10 points; here's the trading setup for today's session

"Since the Budget is colliding with the US Fed outcome we expect the market to see some volatility. However, the overall trend continues to remain positive," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

Pre-market action: Here's the trade setup for today's session

Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.

Pre-market action: Here's the trade setup for today's session

Foreign portfolio investors offloaded equities worth Rs 3,115 crore on Tuesday. DIIs, meanwhile, invested Rs 214 crore.

Pre-market action: Here's the trade setup for today's session

"Overall we expect domestic equities to trade in a broader range with positive bias," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

Pre-market action: Here's the trade setup for today's session

Foreign portfolio investors remain net buyers at Rs 656 crore on Tuesday. DIIs sold shares worth Rs 369 crore.

GIFT Nifty down 45 points; here's the trading setup for today's session

Foreign portfolio investors turn net buyers at Rs 1,085 crore on Monday. Meanwhile, DIIs sold shares worth Rs 820 crore.

GIFT Nifty up 60 points; here's the trading setup for today's session

The rupee strengthened for the eighth consecutive session to settle with a gain of 6 paise to 82.95 against the US dollar on Friday, buoyed by a rally in domestic equity markets.

GIFT Nifty up 125 points; here's the trading setup for today's session

The rupee pared all its initial gains to settle just 1 paisa higher at 83.14 against the US dollar on Monday, as the support from lower crude oil prices in international markets was offset by a weak trend in domestic equities.

Existing OI of SGX Nifty

GIFT Nifty up 15 points; here's the trading setup for today's session

FPIs remain net buyers on Friday at Rs 1,696 crore. DIIs sold shares worth Rs 3,497 crore. During the week, foreign investors have net pumped in about Rs 4,300 crore.

GIFT Nifty down 10 points; here's the trading setup for today's session

"The market showed strong resilience, which is likely to strengthen further as we head into the result season and more companies announce their business update," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 35 points; here's the trading setup for today's session

"Overall we expect the market to consolidate and take a pause before the quarterly results starts, leading to more stock-specific action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 20 points; here's the trading setup for today's session

"Overall we expect positive momentum to continue and markets to end the year on a buoyant note," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty down 60 points; here's the trading setup for today's session

"We expect market to continue its ongoing positive momentum in near term driven by healthy macros, strong FIIs inflow and positive global cues," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

Pre-market action: Here's the trade setup for today's session

The net long of FIIs increased from Rs 74,252 crore on Wednesday to Rs 81,638 crore on Thursday.

GIFT Nifty up 75 points; here's the trading setup for today's session

The net long of FIIs increased from Rs 85,449 crore on Wednesday to Rs 89,782 crore on Thursday.

GIFT Nifty down 75 points; here's the trading setup for today's session

The rupee ended flat at 83.18 against the US dollar on Wednesday amid massive selling in equity markets as concerns over oil supplies through the Red Sea route dented investor sentiment.

GIFT Nifty down 20 points; here's the trading setup for today's session

The rupee surrendered all its initial gains to settle 2 paise lower at 83.05 against the US dollar on Monday, in line with a lacklustre trend in domestic equity markets.

GIFT Nifty down 65 points; here's the trading setup for today's session

Analysts said the coming weeks will see the direction of the market influenced significantly by the flow of funds from foreign investors.

GIFT Nifty up 80 points; here's the trading setup for today's session

"With India continuing to post strong growth numbers and hopes of rate cut expected in the middle of next year, optimism in equity markets could continue in the medium term," said Prashanth Tapse, Senior VP (Research), Mehta Equities.

GIFT Nifty up 10 points; here's the trading setup for today's session

The net long position of FIIs increased from Rs 33,194 crore on Monday to Rs 50,228 crore on Tuesday.

GIFT Nifty up 5 points; here's the trading setup for today's session

"Major central banks globally are lined up next week to announce their policy decision, which is likely to keep the market range bound," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal

GIFT Nifty down 45 points; here's the trading setup for today's session

"We expect market sentiment to strengthen further as the ongoing pre-election rally is quite strong now," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty down 10 points; here's the trading setup for today's session

" Overall we expect a positive trend to continue in the market. Auto stocks will be in focus as OEMs will announce their monthly sales data on Friday," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 35 points; here's the trading setup for today's session

The net short position of FIIs reduced from Rs 1.28 lakh crore on Tuesday to Rs 1.15 lakh crore on Wednesday.

GIFT Nifty up 10 points; here's the trading setup for today's session

This week, investors will await the results of exit polls from five state elections. The market may also be in for increased volatility in the run up to monthly F&O expiry.

GIFT Nifty down 20 points; here's the trading setup for today's session

"Overall market is likely to trade sideways in the near term with stock specific action in the broader space," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial.

GIFT Nifty down 10 points; here's the trading setup for today's session

The net short position of FIIs reduced from Rs 1.30 lakh crore on Tuesday to Rs 1.26 lakh crore on Wednesday.

GIFT Nifty up 20 points; here's the trading setup for today's session

“The Nifty is now stretching higher towards 19800-19850…The daily and hourly momentum indicator has a positive crossover which is a buy signal and, hence, intraday dips should be bought into,” said Jatin Gedia, technical research analyst, Sharekhan by BNP Paribas.

GIFT Nifty down 10 points; here's the trading setup for today's session

Looking ahead, the bullish sentiment is likely to persist as long as the index remains above 19500 level, the analyst added.

GIFT Nifty down 20 points; here's the trading setup for today's session

" In this truncated trading week, we expect the market to consolidate in a broader range due to lack of major events and Q2 earning season coming to an end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 20 points; here's the trading setup for today's session

The net short position of FIIs increased from Rs 1.51 lakh crore on Thursday to Rs 1.56 lakh crore on Friday.

GIFT Nifty down 40 points; here's the trading setup for today's session

"Overall we expect the ongoing recovery to continue and any dips can be used as buying opportunity," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services

GIFT Nifty up 15 points; here's the trading setup for today's session

The net short position of FIIs increased from Rs 1.46 lakh crore on Tuesday to Rs 1.51 lakh crore on Wednesday.

GIFT Nifty down 15 points; here's the trading setup for today's session

The rupee settled lower by 6 paise at 83.27 against the US dollar in a range-bound trade on Tuesday, tracking a strong American currency overseas and sustained foreign fund outflows.

GIFT Nifty down 10 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 1,261 crore on Tuesday. DIIs bought shares worth Rs 1380 crore.

GIFT Nifty down 20 points; here's the trading setup for today's session

Foreign portfolio investors were net buyers at Rs 252 crore on Monday. DIIs bought shares worth Rs 1,112 crore.

GIFT Nifty up 85 points; here's the trading setup for today's session

Foreign portfolio investors were net buyers at Rs 456 crore on Friday. DIIs bought shares worth Rs 8 crore.

GIFT Nifty down 45 points; here's the trading setup for today's session

JSW Steel, Paytm, Hindustan Zinc and a slew of other companies will announce their second quarter results today.

GIFT Nifty down 25 points; here's the trading setup for today's session

HUL, ITC, UltraTech, Nestle, PVR Inox and a slew of other companies will announce their second quarter results today.

GIFT Nifty down 20 points; here's the trading setup for today's session

"Overall, given the resilient domestic economy and strong earnings outlook, the positive trend remains intact. Lot of stock-specific action is likely to be seen as we progress into the results season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

GIFT Nifty up 5 points; here's the trading setup for today's session

Bajaj Finance, ICICI Pru Life, LTTS, Happiest Minds and a slew of other companies will announce their second quarter results today.

GIFT Nifty up 25 points; here's the trading setup for today's session

The net short position of FIIs increased from Rs 70,647 crore on Thursday to Rs 81,077 crore on Friday.

GIFT Nifty up 25 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 1,862 crore on Thursday. DIIs bought shares worth Rs 1,532 crore.

GIFT Nifty up 20 points; here's the trading setup for today's session

With the start of earnings season, analysts expect stock-specific action as well as sectorial rotation in the market. The IT sector would be in focus with TCS announcing its results post-market Wednesday, while Infosys and HCL Tech earnings are due later today.

GIFT Nifty up 10 points; here's the trading setup for today's session

Foreign portfolio investors remained net sellers in the market, as they net sold shares worth Rs 1,005 crore on Tuesday, according to the provisional data. On the contrary, DIIs net bought shares worth Rs 1,963 crore.

GIFT Nifty up 20 points; here's the trading setup for today's session

Foreign portfolio investors on Monday net sold shares worth Rs 998 crore, according to the provisional data. On the contrary, DIIs net bought shares worth Rs 2,661 crore.

GIFT Nifty down 90 points; here's the trading setup for today's session

"Overall, we expect the market to remain range-bound with a bout of volatility given the uncertainty still looms globally, despite the ease in US 10-year bond yield and fall in crude oil prices,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

GIFT Nifty up 5 points; here's the trading setup for today's session

The net short position of FIIs decreased from Rs 92,228 crore on Wednesday to Rs 88,311 crore on Thursday.

GIFT Nifty up 10 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 4,424 crore on Wednesday. DIIs bought shares worth Rs 1,769 crore.

SGX Nifty is now Gift Nifty: 10 Things to Know

SGX Nifty is now Gift Nifty. So what is Gift Nifty? What has changed? How will it affect the investors? Here are 10 key changes that you need to be aware of. Watch!SGX Nifty is now Gift Nifty: 10 Things to Know

GIFT Nifty down 25 points; here's the trading setup for today's session

The rupee appreciated 13 paise to settle at 83.06 against the US dollar on Friday, boosted by a firm trend in equity markets and a sharp correction in the greenback against major rivals overseas.

GIFT Nifty down 25 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 3,364 crore on Thursday. DIIs bought shares worth Rs 2,711 crore.

GIFT Nifty up 15 points; here's the trading setup for today's session

The net short position of FIIs increased from Rs 7019 crore on Tuesday to Rs 20848 crore on Wednesday.

GIFT Nifty down 60 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 2,333 crore on Monday. DIIs bought shares worth Rs 1579 crore.

GIFT Nifty up 45 points; here's the trading setup for today's session

The net long position of foreign portfolio investors decreased from Rs 22,565 crore on Thursday to Rs 12,092 crore on Friday.

SGX Nifty is now Gift Nifty. Timings, how to check data & key changes explained

The SGX Nifty futures contracts have been rebranded as Gift Nifty as the $7.5 billion derivative trade shifts from the Singapore Exchange to the NSE International Exchange (NSE IX) in Gandhinagar, India. NSE MD and CEO Ashish Chauhan believes this move will set the prices in the morning for India and is seen as advantageous for non-resident players due to tax exemptions. For retail traders and investors, the migration between exchanges does not bring significant changes. Other derivative contracts, such as Gift Nifty Bank and Gift Nifty IT, will also be available on NSE IX.

GIFT Nifty up 30 points; here's the trading setup for today's session

The net long position of foreign portfolio investors decreased from Rs 33,913 crore on Wednesday to Rs 22,565 crore on Thursday.

GIFT Nifty down 50 points; here's the trading setup for today's session

The net long position of foreign portfolio investors decreased from Rs 58,995 crore on Monday to Rs 33,913 crore on Wednesday.

GIFT Nifty up 20 points; here's the trading setup for today's session

"We expect the overall positive momentum to continue especially in the large cap while sectoral rotation is likely to be seen in the broader market," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

GIFT Nifty up 15 points; here's the trading setup for today's session

The net long position of foreign portfolio investors decreased from Rs 60,567 crore on Wednesday to Rs 58,837 crore on Wednesday.

Nifty@20K: What's next? Devina Mehra of First Global decodes

Finally, Nifty crossed the 20,000 mark ahead of the festive season. So what's next for the Indian Markets? Devina Mehra of First Global decodes. Watch!Nifty@20K: What's next? Devina Mehra of First Global decodes

GIFT Nifty up 45 points; here's the trading setup for today's session

"Overall, we expect the focus to shift from mid and small caps to large caps in the near term, as investors may turn cautious on the broader market," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

GIFT Nifty down 5 points; here's the trading setup for today's session

The rupee settled 1 paisa lower at 83.03 against the US dollar on Monday, as positive cues from domestic equity markets failed to allay investors' concerns over elevated crude prices.

GIFT Nifty down 10 points; here's the trading setup for today's session

The rupee snapped a four-day losing streak to close 24 paise higher at 82.99 against the US dollar on Friday, helped by a firm trend in domestic equities and suspected intervention by the RBI.

GIFT Nifty up 15 points; here's the trading setup for today's session

Foreign portfolio investors were net sellers at Rs 758 crore on Thursday. DIIs were marginal buyers at Rs 28 crore.

GIFT Nifty down 40 points; here's the trading setup for today's session

The net long position of foreign portfolio investors decreased from Rs 7,381 crore on Tuesday to Rs 4,457 crore on Wednesday.

GIFT Nifty down 10 points; here's what changed for market while you were sleeping

"Given mixed global cues and derivatives monthly expiry, Nifty is likely to remain in consolidation mode while sector rotation would lead to stock-specific action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

GIFT Nifty up 20 points; here's what changed for market while you were sleeping

The support at the lower end remains solid at 19245, serving as a barrier to prevent further declines. On the upper end, resistance is placed at 19425; a breach of this level might lead to a more dependable rally. Expect a range-bound trading unless a clear breakout occurs on either side.

GIFT Nifty down 5 points; here's what changed for market while you were sleeping

"Markets are likely to remain in consolidation mode this week amidst key events including the release of domestic GDP data, monthly expiry, and domestic and global macroeconomic data," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

GIFT Nifty up 45 points; here's what changed for market while you were sleeping

"We continue to expect the Nifty to be in a narrow range due to lack of positive triggers. In the meantime, niche mid and small cap sectors are likely to remain in action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.