How do I calculate the points difference of SGX Nifty and NSE Nifty?
The Nifty is a market capitalization weighted index based on this Free Float Method. They involve the total market capitalization of the companies weighted by their effect on the index, so the larger stocks would make more of a difference to the index as compared to a smaller market cap company.
Market Capitalization = Shares outstanding * Market Price Per Share
Free Float Market Capitalization = Shares outstanding * Price * IWF (Investible Weight Factor)
Index Value = Current Market Value / Base Market Capital * Base Index Value (1000)
Singapore Nifty features
- Singapore Nifty (SGX Nifty) is the Indian Nifty that is traded in Singapore Exchange.
- It is the first indication of initial direction of Indian stock exchange.
- SGX Nifty is available 6:30 AM to 11:30 PM as per Indian time.
- The margin at SGX is lower than those of NSE.
- SGX nifty suggest foreign investors to invest in NIFTY Futures
There are numerous courses in stock market. To name a few institute such as Arihant capital, Udemy etc. Sharemarketshiksha provides ample opportunity for growth as trader and learn concepts of technical and fundamental analysis to make quick money in stock and commodity market.
(Source : https://www.quora.com/How-do-I-calculate-the-points-difference-of-SGX-Nifty-and-NSE-Nifty)
Comments
Post a Comment