SGX (Singapore Exchange) Nifty will be rebranded as GIFT Nifty from July 3. The derivative contracts under it, amounting to $7.5 billion, will take place in NSE IX (NSE International Exchange) in GIFT City. Before today, they were traded in Singapore.
Share Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty 50 opened higher on Wednesday, but gave up initial gains minutes into the trade. Gains in metal and oil, gas shares are leading the headline indices higher, while on the other hand, IT stocks are trading with losses.
Share Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty 50 opened lower on Tuesday, and traded nearly flat. Financial shares trade with gains, while chemical share trade in the red. Investors await more of financial results from India Inc for domestic cues, with Bajaj Auto and Tata Consumer due to post their earnings later in the day. Nestle reported its quarterly numbers earlier in the day.
The stocks of IndusInd Bank, Bank of Maharashtra, Persistent Systems, IIFL Securities, Century Textiles and Industries, NELCO, Trident Texofab, Tata Teleservices and Tamilnad Mercantile Bank will be in focus as the companies are announcing the results for the last quarter today.